Union Budget 2025: Will senior citizens get some relief in income tax in next Budget? Here is govt’s response

Union Budget 2025: Will senior citizens get some relief in income tax in next Budget? Here is govt’s response

Union Budget: In this year’s Budget, Union Finance Minister Nirmala Sitharaman announced relief for taxpayers in the New Tax Regime by raising the Standard Deduction limit from Rs 50,000 to Rs 75,000. The revised tax slabs for the New Tax regime, applicable from April 2025, will allow salaried employees to save up to Rs 17,500 … Read more

Save 100% tax: Here is how you can pay zero tax on annual salary up to Rs 15 lakh

Save 100% tax: Here is how you can pay zero tax on annual salary up to Rs 15 lakh

The common perception is that individuals earning up to Rs 15 lakh annually cannot completely save on taxes. However, if planned wisely, one can pay zero tax even with a yearly income of Rs 15 lakh. In this article, we look at how to achieve that. Firstly, by utilising the basic exemption limit offered by … Read more