The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh ...

Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

The new tax regime offers five income tax slabs to taxpayers. The highest income tax rate of 30% is applicable if the net taxable income exceeds Rs 15 lakh. The new tax regime offers a tax rebate of ...

Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.

Finance Minister Nirmala Sitharaman announced that the government will provide rebates to those earning up to Rs 12 lakh ...

What are tax slabs, and how do they work? Tax slabs are the brackets under which your income is taxed at increasing rates as you earn more. With the introduction of the new tax regime, these slabs ...

Not only are they durable and easy to clean, they come in plenty of varieties to suit both contemporary and classic style rooms. In our expert guide, we explain the pros and cons of different types of ...

The Budget did not make any changes to the tax rates or slabs in the old tax regime, making it unattractive. Taxpayers opting for the new tax regime are not allowed to claim deductions or rebates ...

It has been over six months since I wrote on lumber and the iShares Global Timber & Forestry ETF (NASDAQ:WOOD) product on Seeking Alpha. I concluded the June 6, 2024, article with the following ...