The Finance Minister announced an increase in the NIL tax slab to Rs 12 lakh, aiming to boost disposable incomes and revive ...

Explore the new tax regime's benefits, including a nil tax slab for up to ₹12 lakh income and a ₹12.75 lakh limit for ...

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Nil Tax Slab Up to Rs 12 Lakh: The most striking change comes with the introduction of a zero-income tax slab for income up ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to get this tax ...

After a year of litigation, Virginia Attorney General Jason Miyares and a bipartisan coalition of states reached a settlement ...

Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...

Finance Minister Nirmala Sitharaman on Saturday announced a major rejig in income tax slabs, proposing nil tax on income up ...

Check the key income tax changes in Budget 2025, including revised tax slabs, updated standard deduction limits, and major tax policy announcements impacting taxpayers.

According to the announcement made by Finance Minister Nirmala Sitharaman, there will be no income tax payable for individuals earning up to Rs 12 lakh under the new tax system.

The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh is ...