Union Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha on Tuesday, with significant highlights and proposals aimed at reshaping the economic landscape. The most noteworthy announcement was the introduction of a new tax regime that exempts individuals earning up to ₹3...
Finance Minister Nirmala Sitharaman revised tax slabs in the new regime, expanding the first taxable bracket from ₹3-6 lakh to ₹3-7 lakh, while maintaining the 5% tax rate. Standard deductions were..
Finance Minister Nirmala Sitharaman presented her seventh consecutive Budget, outlining key measures for the Modi 3.0 government. The Budget introduced employment schemes and revised the new tax..
On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The..
Budget 2024 income tax expectations: It is anticipated that the government may raise the income tax exemption limit to Rs 5 lakh from the current Rs 3 lakh limit... IndiaTimes
Budget 2024 income tax expectations: To further enhance attractiveness of the new tax regime, there is the expectation to tweak the tax slab rates by increasing... IndiaTimes
Budget 2024 income tax expectations: Expectations are high that more changes may be brought in the new income tax regime - possibly raising the basic exemption... IndiaTimes
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