New tax regime benefits individuals earning 12-24 lakh rupees annually, saving up to 1.1 lakh rupees in income tax.
Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up ...
All in all, the Budget reforms for taxpayers were meant to reduce the burden and give the opportunity to hold more money in ...
CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle class.
She added that the thought process behind revising the tax slabs was to simplify the tax process and make compliance easier for the taxpayers.
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch ...
Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the ...
Ravi Agrawal, in a post-Budget interview, pointed out that the income tax payment provisions announced in Budget 2025 not only benefit those who earn Rs 12 lakh per annum, but across all income ...
With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption ...
Chairman Ravi Agrawal on Sunday said that more than 90 per cent of individual taxpayers might be promoted to embrace the new tax regime after the budget announcement of zero tax for earnings up to Rs ...
The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs ...
Finance Minister Nirmala Sitharaman discusses the 2025 Indian budget, focusing on tax cuts, growth projections, and the impact on the middle class. Read the full interview transcript.