Budget 2025: Earning above ₹12 lakh? Here’s how your tax could spike—or stay in check
The Union Budget 2025 has introduced a new rebate for incomes up to ₹12 lakh, but it’s not a one-size-fits-all benefit.
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India ‘income tax-free’: Anupam Mittal criticises new tax regime
The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant changes to India’s tax slabs. The minister announced that individuals earning up to Rs 12 lakh ...
Budget 2025: Taxpayers with income of up to Rs 13.25 lakh, not Rs 12 lakh, can pay nil taxes. Here’s how
By claiming two deductions, an individual with a gross salary of Rs 13,25,000 can bring their net taxable income down to Rs 12 lakh, making them eligible for the full tax rebate under Section 87A ...
No income tax up to Rs 12 lakh: What it means if you earn more
In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...
90 per cent taxpayers likely to shift to new regime after Budget tax relief, says CBDT chief
Ravi Agrawal says simplified tax slabs and zero tax on income up to ₹12 lakh will push more taxpayers to adopt the new regime ...
Is Old Tax Regime Still Better For You? Detailed Comparison Of Old Vs New Regime After Budget 2025
Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments ...
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Budget 2025: Tax Relief On Second Property For Homeowners
Budget 2025 by FM Sitharaman has proposed to amend Section 23 sub-section (2) of the Income-tax Act to ease the compliance ...
Taking Stock Of Trump’s Second Term Tax Plans
Marie Sapirie examines one of President Trump’s recent executive orders, a White House memorandum, and some scripted remarks ...
New vs old tax regime: Which income tax regime to choose, what should save your money? Read this to clear all your income tax confusions
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
Old vs new vs newer: When a regime change makes sense
The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old ...
Tax Guru22h
Exemption on withdrawals from National Savings Scheme (NSS): FAQs
The National Savings Scheme (NSS) allows individuals or Hindu Undivided Families (HUF) to claim deductions for amounts deposited under Section 80CCA, but the withdrawn amount, along with interest, is ...
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...