Last Updated:February 05, 2025, 16:27 IST Income Tax: In the Budget Speech, FM Sitharaman specifically mentioned that the Rs 12 lakh income should not include “special rate income such as capital gains”. Income Tax Slabs Union Budget 2025. Income Tax Announcement In Budget 2025: The Union Budget 2025-26 is being touted as a “dream budget”…
Following are reactions from industry executives and economists: DEEPASHREE SHETTY, PARTNER, GLOBAL EMPLOYER SERVICES, TAX & REGULATORY SERVICES, BDO INDIA “The proposal to exempt income up to 1.2 million rupees ($13,867.06) is a big boost to the middle-class taxpayers. This is in line with the recent measures to make the new tax regime a preferred…
Budget 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has began her eighth consecutive Union Budget 2025 presentation in the Lok Sabha at 11 am. Earlier in the day, Sitharaman visited President Droupadi Murmu for her nod on the Budget. The Union cabinet approved the Budget ahead of the speech in Parliament at 11 am…
Follow all the updates here: Jan 31, 2025 10:34 PM IST The live updates for this blog have now concluded. Jan 31, 2025 9:27 PM IST Economic Survey 2025 LIVE: BJP minister says ‘ES reflects govt transformative impact on India’s marine sector’ The Economic Survey reflects the Narendra Modi government’s transformative impact on India’s Marine…
Budget Economic Survey 2025 LIVE: Union Finance Minister Nirmala Sitharaman tabled the Economic Survey document in Lok Sabha in Parliament on Friday, January 31. India’s FY26 GDP growth is expected in the range of 6.3-6.8 per cent amid global uncertainty. The survey expects inflation to be under control while consumption could remain stable. It also…
Railway stocks to buy on Budget 2025 date: Union Finance Minister Nirmala Sitharaman is set to announce the Union Budget for the financial year 2025-26 on Saturday, February 1. Stock market experts shed light on railway stocks to buy on Budget Day. Also Read | Budget 2025-26: Will Nirmala Sitharaman deliver a fiscal bazooka? The…
Last Updated:January 21, 2025, 13:20 IST Budget 2025: Finance Minister Nirmala Sitharaman might make the new tax regime further attractive, thus encouraging taxpayers to go for the system that offers lower tax rates but significantly fewer deductions In the last Budget 2024-25, Finance Minister Nirmala Sitharaman announced a number of measures to make the new…
Last Updated:January 13, 2025, 12:43 IST Know the top 5 income tax changes expected in Budget 2025, including revised tax slabs, a higher standard deduction, and an increase in the Section 80C limit. Budget 2025: In the upcoming budget, the government is likely to provide income tax relief. As Finance Minister Nirmala Sitharaman gears up…
Last Updated:January 03, 2025, 13:12 IST Income Tax, Union Budget 2025: Here’s the current income tax rates and slabs under both the New Tax Regime and the Old Tax Regime. Income Tax: In the upcoming Budget 2025, the government is likely to provide tax relief for those earning up to Rs 15 lakh annually. New…
