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 ...

What are tax slabs, and how do they work? Tax slabs are the brackets under which your income is taxed at increasing rates as you earn more. With the introduction of the new tax regime, these slabs ...

Revised income tax slabs: Nirmala Sitharaman announced that annual incomes up to ₹12 lakh will be tax-free to stimulate consumption. Revised Income tax slabs: Union finance minister Nirmala ...

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.

Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.

Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

A Clay County principal and his wife were found dead in a lake, TN legislators may have their own parking garage, and jury selection is underway in Megan Boswell's murder trial. The Humphreys ...

The revised tax slabs proposed in the Union Budget bring welcome financial respite to the salaried class. Employees in the tech sector say the proposal will help them manage their financial goals ...

Over the past decade, key changes have included higher exemption limits, revised tax slabs, and enhanced rebates, reflecting a consistent push for tax relief. Budget 2025 prioritised three key ...

From the expansion of tax slabs to the hiking of TDS threshold limits ... "The new regime is made substantially attractive even to high-income earners, thereby paving a way for the gradual death of ...

The Hawai‘i Department of Transportation (HDOT) has announced upcoming asphalt milling and paving work on Piʻilani Highway (Route 31), set to begin next week. The project will impact traffic ...

Under the old tax regime, deductions under Sections 80C, 80D, and 80TTA continue to be available, making it beneficial for individuals with significant investments and expenses. Since April 1, 2023, ...