A FINE CUT Revamp in customs framework focuses on eight-slab tariff structure and a single surcharge on tariffs India Saturday announced a significant revamp in the customs framework, including a ...
Revised Income tax slabs: Union finance minister Nirmala Sitharaman on Saturday announced that annual income up to ₹12 lakh will no longer attract any tax. The government cut personal income tax ...
The new tax regime offers five income tax slabs to taxpayers. The highest income tax rate of 30% is applicable if the net taxable income exceeds Rs 15 lakh. The new tax regime offers a tax rebate of ...
Frosted sponge and overstuffed pies are just a few of the sweet treats artist Naomi Peterson crafts from clay.
But the Budget speech, which also announced revised tax slabs, has left many confused over the relief they will be getting. The tax slabs under the new regime have been revised in Budget 2025.
The Budget did not make any changes to the tax rates or slabs in the old tax regime, making it unattractive. Taxpayers opting for the new tax regime are not allowed to claim deductions or rebates ...
Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.
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