Tax Update: How was the decision of no tax on 12 lakh income taken? Nirmala Sitharaman told the whole story..
While presenting the budget for the year, Finance Minister Nirmala Sitharaman gave a big relief to the middle-class employed people. Now individuals earning up to Rs 12 lakh annually will not have to pay any tax.
EXCLUSIVE: FM Nirmala Sitharaman Says New Income Tax Laws To Simplify Filing
Finance Minister Nirmala Sitharaman gives more details of one of the most anticipated laws of our times – the new Income Tax Bill which is to be tabled in Parliament in the next few days. Speaking about the new legislation in her exclusive appearance at the India Today-Business Today Budget Round Table 2025,
Budget 2025 income tax: Will FM Nirmala Sitharaman scrap the old income tax regime?
The article examines the potential scrapping of the old income tax regime in the upcoming Budget 2025. It highl
New Income-Tax bill to carry forward spirit of ‘Nyaya’, says Nirmala Sitharaman
While presenting the Union Budget in Parliament on Friday, Sitharaman urged Income Tax department officials to "trust first and scrutinise later."
Income Tax Slab, Budget 2025 LIVE Updates: Top personal tax expectations from FM Nirmala Sitharaman
In Budget 2024, FM Sitharaman increased the standard deduction for those who opted for the new tax regime to Rs 75,000 annually. She also tweaked the tax slabs.
Budget 2025: New Income Tax bill will be clear and direct, says Nirmala Sitharaman. What does this mean?
New Income Tax Slabs in Budget 2025: During her presentation of the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman announced the introduction of a new Income Tax Bill, which aims to simplify and clarify the existing tax framework. “New Income Tax bill will be clear and direct”, FM Sitharaman said.
New income tax Bill to be introduced in Parliament next week, says Nirmala Sitharaman
The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had announced a comprehensive review of the Income-tax Act, 1961 to be completed in six months.
Budget 2025: No income tax on annual income upto Rs 12 lakh, says FM Nirmala Sitharaman
Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up to Rs 25 lakh will now benefit from tax savings of up to Rs 1.1 lakh. With the inclusion of the standard deduction,
Nirmala Sitharaman Unveils Income Tax Cuts for Middle Class in Latest Budget Announcement
Finance Minister Nirmala Sitharaman reveals income tax cuts for the middle class, raising exemption thresholds and benefiting millions of taxpayers.
Nirmala Sitharaman says PM Modi threw his weight behind income tax cuts but it needed more work to convince officials
Finance Minister Nirmala Sitharaman said it required more work to convince the bureaucrats about the efficiency in collecting tax
Budget 2025: New Income Tax Bill To Be Introduced Next Week, Says FM Nirmala Sitharaman
Budget 2025: Finance Minister Nirmala Sitharaman announced on Saturday, February 1, that a new Income Tax Bill, aimed at simplifying the existing tax laws, will be introduced in Parliament next week. The proposed Bill seeks to significantly streamline the current Income Tax Act, which has been in place since 1961.
Union Budget 2025 highlights: Nirmala Sitharaman bets on income tax breaks to spur growth
Lauding the new tax regime, PM Modi said that his government seeks to put more money in the pockets of people, increase ...
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Income tax relief influenced by Delhi polls? 'Kejriwal ki...' - FM Nirmala Sitharaman's BIG Budget 2025 interview | Times Network Exclusive
Finance Minister Nirmala Sitharaman gave a tell-all interview to Navika Kumar, Group Editor-in-Chief, Times Now and Times Now ...
Banking Central | Banks may benefit from FM Nirmala Sitharaman’s Budget credit push
Some measures announced in the Budget 2025 such as support for MSMEs and agriculture may help banks improve credit and ...