Tax-Budget 2025: Tweaks in New Tax Regime – How much more you will earn in FY26 vs FY25 if your salary is Rs 12 lakh/year?

Tax-Budget 2025: Tweaks in New Tax Regime – How much more you will earn in FY26 vs FY25 if your salary is Rs 12 lakh/year?

Tax Budget 2025: The introduction of Budget 2025 has resulted in significant changes that align with the expectations of the middle class. Notably, the Finance Minister has raised the tax-free income threshold to Rs 12 lakh, translating to Rs 12.75 lakh for salaried individuals after considering the standard deduction. A key highlight this Budget for middle-class … Read more

Effects of Budget 2025: Comparing benefits of Old and New Tax Regimes for salaried taxpayers

Effects of Budget 2025: Comparing benefits of Old and New Tax Regimes for salaried taxpayers

Tax and Budget 2025: Finance Minister Nirmala Sitharaman made significant announcements that have delighted middle-class taxpayers. The changes include raising the rebate limit from Rs 7 lakh to Rs 12 lakh under the New Tax Regime (NTR). Additionally, Sitharaman made adjustments to the tax slabs, benefiting taxpayers in higher income brackets and giving them more … Read more

‘Cut taxes for them…’: Finance analyst on how India can grow faster in 2025

‘Cut taxes for them…’: Finance analyst on how India can grow faster in 2025

Union Budget 2025: Amid the calls for tax relief to common taxpayers by relaxing the tax slabs in the upcoming Budget, finance analyst and Wisdom Hatch founder Akshat Shrivastava stated that the government should consider offering significant tax relief to middle-class taxpayers to boost the economy. Highlighting the current world situation vis-a-vis India, Shrivastava noted … Read more

No relief to middle class taxpayers as compared to corporates? FM Sitharaman counters Opposition

No relief to middle class taxpayers as compared to corporates? FM Sitharaman counters Opposition

Finance Bill 2024: Union Finance Minister Nirmala Sitharaman on Wednesday said that the government has successfully brought in a simplified tax structure. While replying to the discussion on the Finance Bill in Lok Sabha, FM Sitharaman said that the claim that corporate taxes are lower than the individual taxes claim is not well founded. While replying … Read more

Income Tax Slabs 2024: Old Tax Regime or New Tax Regime, which one will help you save more tax? 

Income Tax Slabs 2024: Old Tax Regime or New Tax Regime, which one will help you save more tax? 

Income Tax Slabs: The first full Budget presented by the Modi 3.0 government, unveiled by Finance Minister Nirmala Sitharaman on Tuesday, brought in some important amendments to the tax system, especially the New Tax System. The finance minister made some changes in the New Tax Regime tax slabs, which will particularly favour the middle-class taxpayers.  … Read more