Union, Nirmala Sitharaman and Income Tax Department

Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 ...
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class.
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
Despite the announced cuts in income tax rates, the Centre has projected a significant increase in gross income tax receipts ...
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...
Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...
The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...
Indian stock market indices, Sensex and Nifty 50, traded lower amid volatility today, 1 February 2025, after the Union Budget ...