Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Wednesday, 29 January 2025 () Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view that since no major exemptions and deductions are available under the new income tax regime, there is a strong case to hike the standard deduction.
As the Budget 2025 approaches, all eyes are on Finance Minister Nirmala Sitharaman’s potential income tax relief for salaried taxpayers. Will there be changes to tax slabs or new exemptions for NPS? Stay tuned for updates on what could be a major relief for millions of working...
Trump insisted on replacing Income Tax with tariffs. He outlined this proposal at 2025 Republican Issues Conference (GOP House Dinner). Trump also asserted that the US had no income tax prior to 1913...
Ahead of Budget 2025, OneIndia hit the streets of Delhi and NCR to capture the voices of the common man. From salaried professionals to small business owners and students, everyone shares their hopes,..
Manish Sisodia shared in an exclusive interview how he worked to improve Delhi's schools, curb private school malpractices, and fight various mafias. He claimed that these efforts led to charges..
The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions... IndiaTimes Also reported by •Zee News
Budget 2025 income tax expectations: While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions but still... IndiaTimes Also reported by •DNA •Zee News
Wednesday, 29 January 2025 ()
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