Tag: Budget 2025
Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut
Old tax vs new regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the new tax regime.
In AI stimulus, budget allots ₹500 crore for Centre of Excellence in education
The central government will invest ₹500 crore in a new AI Centre for Excellence in education and ₹20,000 crore for private sector research and innovation.
Homeowners get simpler tax rules, higher limits
For multi-property owners, the government simplified the tax treatment of self-occupied properties through specific amendments to Section 23 of the IT Act
Middle class jackpot! Who saves the most under the new tax regime?
Income Tax Slabs – AY 2025-26: Most taxpayers, especially those earning up to ₹25 lakh, will benefit from new regime exempting incomes up to ₹12L from tax.
Budget 2025: New Income Tax Act by FM Nirmala Sitharaman
The upcoming Budget 2025 may introduce a new Income Tax Act, as announced by Finance Minister Nirmala Sitharaman. Discover key changes to expect!
Union Budget: What It Means, How It Chalks Out Financial Plan For The Year
The Union Budget is a financial statement prepared by the government outlining the fiscal policies, and the income and expenditure plans for the upcoming financial year.
