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Finance Minister Nirmala Sitharaman announced that a new Income Tax Bill, representing the 'first ever comprehensive review ...
On Income Tax Day, Finance Minister Nirmala Sitharaman revealed that India’s new Income Tax Bill, 2025 took over 60,000 ...
Finance Minister Nirmala Sitharaman defends the new tax regime, emphasizing its simplicity and flexibility for taxpayers. She reassures that the old regime remains available, noting that 72.8% of ...
Major Changes in the New Tax Regime for FY 2025-26. The New Tax Regime was introduced by Finance Minister Nirmala Sitharaman and updated in the latest Union Budget. Key updates include: ...
Certain taxpayers are displeased with the Modi government's removal of indexation benefits on realty sales. Finance Minister ...
Finance Minister Nirmala Sitharaman tabled the new Income Tax bill in Lok Sabha amid the huge uproar by the opposition MPs. The bill will now be referred to the Select Committee of Lok Sabha for ...
Budget 2024: Finance Minister Nirmala Sitharaman said during her budget speech that fresh tax changes will lead to savings of Rs 17,500 for taxpayers.
But under the new tax regime, her tax liability will now drop by nearly Rs 50,000. FOR INCOME BETWEEN RS 24-50 LAKH While middle-income taxpayers benefit, the reforms also extend to high-income ...
Finance Bill 2025 Income Tax Calculations: Finance Minister Nirmala Sitharaman said in the Parliament today (March 25, 2025) that the Finance Bill 2025 will be presented during the monsoon session ...
Finance Minister Nirmala Sitharaman announced an increase in the income tax rebate under the New Tax Regime, enabling resident individuals with total income up to Rs 12,00,000 to be exempt from ...
Finance Minister Nirmala Sitharaman's Budget 2024 includes significant tax reforms for NRIs. Key changes involve adjusting tax slab rates, introducing new standard deductions, and revising capital ...