Finance minister Nirmala Sitharaman on Saturday announced income tax cuts in her eighth consecutive Budget speech, enhancing the middle class's prowess to increase spending and consumption. Union ...
With the revised tax structure under the new tax regime, an individual with the same income can now save up to Rs 90,000 in taxes. Income Tax Rates 2025 for Senior Citizens Under New Regime: Finance ...
Taxpayers will be liable to pay zero income tax from April 1, 2025, if their income is up to ₹12 lakh per annum. Tax is calculated based on a series of slabs which are detailed as follows (Pixabay) ...
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