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New Tax Regime News

Budget 2025 Unveils Revolutionary Income Tax Slabs: How Middle-Class Taxpayers Can Save Up to Rs 1.1 Lakh

Sarah Mitchell 02 Feb, 2025

Budget 2025 introduces significant income tax slab changes, offering zero tax for incomes up to Rs 12 lakh and savings up to Rs 1.1 lakh for middle-class taxpayers under the new re...

Business

From Rs 1 Lakh to Rs 12 Lakh: The Evolution of Income Tax Exemption in India

Emily Rodriguez 01 Feb, 2025

Finance Minister Nirmala Sitharaman announces a significant overhaul in income tax slabs, proposing no tax on income up to Rs 12 lakh per annum under the New Tax Regime, marking a ...