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BUDGET TAX SLABS
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...
- As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixesIndia's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- Income Tax Calculator FY 2026-27: Income Tax for 2026-27 (Tax Year 2027-28) in IndiaUnion Budget 2026 brings no changes to Income-tax slabs or standard deductions. Salaried individuals can claim INR 75,000 under the new tax...
- New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025Budget 2025 Income tax slab changes: The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable fro...
- New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels25% slab introduced for high earners and tax relief up to 30.8% for middle-income group. Read this table to see how much tax you can save a...
- New TDS, TCS limits for FY2025-26 for interest, dividends, prize money, rent announced in Budget 2025: Thresholds hikedLandlords, travellers and parents sending children abroad for education will also benefit
- Income tax highlights of Budget 2025: Lakshmi blesses middle class taxpayerWith a promise to further simplify the current tax law by introducing a new Income-tax Bill next week, the taxpayer-friendly Budget include...
- Has Standard Deduction of Rs 75,000 from salary, pension income increased in Budget 2025?There were rumours that the government might hike the amount of standard deduction available to give tax relief to the middle class. Howeve...
- Budget 2024 should hike basic income tax exemption limit to Rs 5 lakh in both old and new tax regimes: DeloitteFinance Minister Nirmala Sitharaman is likely to present Union Budget 2024 this month. Salaried taxpayers are eagerly waiting for some much...
- Budget 2023: Win some, lose some for the richie richA lower surcharge of 25% (as against 37%), which would be applicable to those who opt for the new tax scheme, would reduce the tax to about...
- A tax cut for you in Budget won't give India the boost it needsTo reverse the ongoing economic slowdown, the immediate priority is to stimulate demand in the system.
- Budget 2019: No income tax on individuals with income up to Rs 5 lakhIn the previous budgets also, the Narendra Modi led-government provided tax relief to taxpayers. In Budget 2014, the minimum tax-exemption ...
- Budget 2019: No tax on income up to Rs 5 lakhGoyal said income-tax assessment will be done electronically from now on.
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