The Union Budget 2025-26 is anticipated to bring potential income tax relief, especially for individuals earning up to Rs 15 ...
Income tax slab: In Budget 2024, Finance Minister Sitharaman introduced key changes to the income tax slabs under the new tax regime to ... However, the old tax regime remains unchanged.
The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...
slabs, and rates in the Old Tax Regime. However, some changes were made to the New Tax Regime. > An increase in the standard deduction available to family pensioners to Rs 25,000 from Rs 15,000 ...
Income tax rule: Effective for the current financial year (2024-25), these revisions will influence the deductions and exemptions taxpayers can claim when filing their income tax returns(ITR) in ...
The key changes made to the Income Tax rules which will impact the taxpayer’s Income Tax Return (ITR) filing in 2025 are as follows:1) Revised Income-Tax slabs under the New Tax Regime ...
The salaried class can choose between two regimes: the old and the new. Within the old tax slab, people with the income up ...
The new 18% popcorn tax stemming from the ... while caramel popcorn gets hit with a higher tax rate of 18%. For comparison ‘ready-to-eat’ popcorn currently has a 5% rate.
Income Tax, Union Budget 2025: Here's the current income tax rates and slabs under both the New Tax Regime and the Old Tax Regime. Income Tax: In the upcoming Budget 2025, the government is likely to ...