Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up to Rs 12 lakh in Budget 2025. However for salaried individuals, this ...

Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until May 15th, according to a letter sent Wednesday to all IRS employees ...

If you are employed, then your HR and payroll department would calculate the income tax before giving salary and would send ...

and home loan benefits under the old tax regime. The answer is yes, provided certain conditions are met,” he said. If you live in a rented house and receive HRA as part of your salary ...

The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

Additionally, for a salaried individual with a basic salary of Rs 50,000 and an HRA component of Rs 25,000 per month, the assumed HRA exemption was Rs 3 lakh. 5% tax for income between Rs 4 lakh ...

Finance Minister Nirmala Sitharaman made the middle class happy with the budget. Giving a big gift to the middle class, ...

Finance Minister Nirmala Sitharaman announced in her Budget speech that individuals earning up to Rs 12 lakh per annum will not have to pay any tax after adjusting the Standard Deduction of Rs ...

Under the new tax system, middle-class individuals and salaried taxpayers earning up to Rs 12 lakh (or Rs 12.75 lakh for ...

Union Finance Minister Nirmala Sitharaman has presented the general budget, in which the government has given a big relief to ...