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Under the new tax scheme announced under the Union Budget 2025, Nirmala Sitharaman said that over one crore taxpayers would be exempt from paying taxes. From zero tax on income of up to ₹12 lakh ...

According to the income tax changes proposed in the Budget, salaried employees would effectively pay ... because they do not have to pay any tax due to exemptions," she said. ZERO TAX ON INCOMES UP TO ...

In a huge relief for taxpayers, the Finance Minister announced a hike in the tax rebate in the Union Budget. According to the revised structure, individuals with a net taxable income of up to Rs 12 ...

"I think there are other things about the Budget that I am optimistic about from a UK-India perspective. So, for example, in ease of doing business terms, the announcement about refreshing the model ...

But Budget 2025 has come with a big shift.” “No income tax up to Rs 12.75 lakh under the New Tax Regime. I call this a systemic correction, not just a tax cut,” he added. Sharing examples of how ...

With the new Budget changes, there will be no income tax on salary income up to ₹12.75 lakh, resulting in savings of ₹80,000 in tax and ₹3,200 in cess,” said Shrenik Gandhi, managing partner at ...