India, Income Tax

Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.
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Union Budget 2025 expectations LIVE: Income Tax expectations to allocations for sectors - what India wants from FM
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,
INDIA BUDGET-India's Tax Cut Plans Will Boost Consumption, Top Execs Say
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay any taxes, raising its threshold from 700,000 rupees. It also cut tax rates for people earning above the new threshold.
'Maybe abolishing income tax...': Finfluencer on the real cost of Budget 2025 for high earners in India
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax filers in India earn below ₹13 lakh per annum, effectively leaving just one crore individuals to pay income tax.
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and
'Poverty has been redefined': Shark Tank's Anupam Mittal reacts to Rs 12 lakh tax break in Budget '25
Finance Minister Nirmala Sitharaman unveiled key tax reliefs for India’s middle class in the Union Budget 2025, featuring a simplified tax structure, a higher TCS threshold on foreign remittances, and enhanced benefits for salaried individuals.
FM Sitharaman: '1 crore taxpayers to get relief with no income tax on income of Rs 12 lakh'
As many as 1 crore taxpayers will no longer have to pay income tax with the new proposal in the Union Budget 2025-26, which will put a substantial amount of money in the hands of these individuals said Union Finance Minister Nirmala Sitharaman on Saturday.
India Union Budget 2025-26 LIVE | No Income Tax on income up to ₹12 Lakh
Indian Finance Minister Nirmala Sitharaman today (Saturday, Feb 1) presented the Union Budget for 2025-26, a day after unveiling the Economic Survey. India Union Budget 2025-26 LIVE Updates: Friday's survey outlined the BJP-led government's commitment to driving economic growth with a focus on equity,
Budget 2025 | Modi’s gift to the middle class; no income tax up to Rs 12 lakh
Finance Minister Nirmala Sitharaman announced no income tax payable up to Rs 12 lakh under the new regime, offering significant relief to the middle class. The new tax slabs include 5% on Rs 4-8 lakh,
Budget 2025: No taxes till Rs 12.75 lakh to 25% new tax rate included -- new tax-related changes announced
One notable change is the announcement that individuals earning up to Rs 12 lakh will now be fully exempt from paying taxes. This measure is aimed at reducing the tax burden on the middle class and stimulating higher consumer spending.
Income Tax Slabs Budget 2025 Live: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
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Union Budget 2025: Analysis of Changes under Customs, Excise & Service Tax
Changes under Customs, Excise & Service Tax. CHANGES IN CUSTOMS. The Finance Minister introduced the Finance Bill, 2025 in Lok Sabha tod ...
Indian shares muted as budget tax relief offsets capex concerns
Indian shares inched lower in a special session for the union budget on Saturday, as markets took a breather after a ...
Budget 2025 Live Updates: Income tax relief for middle class, Bihar flavour of Nirmala Sitharaman's eighth general budget
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
Union Budget 2025: Here's how Indian startup ecosystem reacts to 'fund of funds' scheme, tax benefit announcements in budget speech
The Finance Minister also announced the extension of the time limit for filing updated returns for any assessment year. The ...
India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said ...
Budget 2025 Live: FM Sitharaman Announces Big Sops For Middle Class; India Inc Hails Budget 2025
In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.