In Budget 2025, the central government has given great relief to the salaried people by changing the new tax system. This ...

Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...

The Budget strikes a fine balance between fiscal discipline and economic growth, while equally focusing on improving the ...

The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...

The Fiscal Year 2026 executive budget relies heavily on revenue from income taxes, business privilege taxes, and federal ...

At a single stroke, 70 million taxpayers have been wholly unburdened by the budget and the middle class has seen a ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

According to the FAQs issued by the government, in the new regime under Section 115BAC(1A), marginal relief is available to ...