Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by ...

FM announced that the time limit for filing updated returns for any assessment year has been extended from two to four years.

She said, Modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years.

With the new tweaks being introduced, a taxpayer in the new regime with an income of ₹12 lakh will get a benefit of ₹80,000 in tax ...

Reports suggest that there could be a relaxation on income tax for individuals, especially those earning up to Rs 15 lakh.

Benchmark equity indices Sensex and Nifty make a U-turn to trade in the negative territory on Budget day. Investors keenly tracked Finance Minister Nirmala Sitharaman plan for the economy. Union ...

Presenting the Union Budget 2025-26, the finance minister also said a scheme for the socio-economic upliftment of urban workers will be implemented ...

Nil Tax Slab Up to Rs 12 Lakh: The most striking change comes with the introduction of a zero-income tax slab for income up ...

The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.

Check the key income tax changes in Budget 2025, including revised tax slabs, updated standard deduction limits, and major tax policy announcements impacting taxpayers.