Tax Update: How was the decision of no tax on 12 lakh income taken? Nirmala Sitharaman told the whole story..
While presenting the budget for the year, Finance Minister Nirmala Sitharaman gave a big relief to the middle-class employed people. Now individuals earning up to Rs 12 lakh annually will not have to pay any tax.
EXCLUSIVE: FM Nirmala Sitharaman Says New Income Tax Laws To Simplify Filing
Finance Minister Nirmala Sitharaman gives more details of one of the most anticipated laws of our times – the new Income Tax Bill which is to be tabled in Parliament in the next few days. Speaking about the new legislation in her exclusive appearance at the India Today-Business Today Budget Round Table 2025,
Budget 2025: New Income Tax bill will be clear and direct, says Nirmala Sitharaman. What does this mean?
New Income Tax Slabs in Budget 2025: During her presentation of the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman announced the introduction of a new Income Tax Bill, which aims to simplify and clarify the existing tax framework. “New Income Tax bill will be clear and direct”, FM Sitharaman said.
New Income-Tax bill to carry forward spirit of ‘Nyaya’, says Nirmala Sitharaman
While presenting the Union Budget in Parliament on Friday, Sitharaman urged Income Tax department officials to "trust first and scrutinise later."
Budget 2025: New Income Tax Bill To Be Introduced Next Week, Says FM Nirmala Sitharaman
Budget 2025: Finance Minister Nirmala Sitharaman announced on Saturday, February 1, that a new Income Tax Bill, aimed at simplifying the existing tax laws, will be introduced in Parliament next week. The proposed Bill seeks to significantly streamline the current Income Tax Act, which has been in place since 1961.
Budget 2025: No income tax on annual income upto Rs 12 lakh, says FM Nirmala Sitharaman
Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up to Rs 25 lakh will now benefit from tax savings of up to Rs 1.1 lakh. With the inclusion of the standard deduction,
Budget 2025 LIVE updates: Nirmala Sitharaman will introduce Income Tax bill next week, no income tax up to ₹12 lakh
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025, at 11 am. FM Nirmala Sitharaman will also announce the second full-fledged budget of the Narendra Modi-led NDA government formed in 2024.
Nirmala Sitharaman says PM Modi threw his weight behind income tax cuts but it needed more work to convince officials
Finance Minister Nirmala Sitharaman said it required more work to convince the bureaucrats about the efficiency in collecting tax
Budget 2025: New income tax Bill to be tabled in Parliament next week, says FM Nirmala Sitharaman
Key structural changes, such as adjustments to tax slabs, a rationalisation of deductions, and other incentives to spur economic growth, are anticipated to be introduced under the proposed Bill.
Why did govt increase income tax rebate from ₹7 lakh to ₹12 lakh? FM Nirmala Sitharaman explains
Nirmala Sitharaman announced an increase in income tax rebate from ₹7 lakh to ₹12 lakh, aimed at reducing tax burdens for ₹1 lakh monthly earners.
Will No Income Tax Up To Rs 12 Lakh Result In Revenue Loss To Centre? What Nirmala Sitharaman Said
In a big relief to the middle class in her record eighth consecutive budget, Finance Minister Nirmala Sitharaman on Saturday exempted annual income of up to Rs 12 lakh from income tax and rejigged tax slabs as part of her reformist Budget.
New income tax bill expected to be approved by Cabinet tomorrow, tabled in parliament next week
Once the new income tax, which Union Finance Minister Nirmala Sitharaman had mentioned while delivering the Budget 2025-26, ...
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New Income Tax slabs salary-wise calculation: Who will pay zero tax?
Finance minister Nirmala Sitharaman on Saturday announced income tax cuts in her eighth consecutive Budget speech, enhancing the middle class's prowess to increase spending and consumption.
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Income tax relief influenced by Delhi polls? 'Kejriwal ki...' - FM Nirmala Sitharaman's BIG Budget 2025 interview | Times Network Exclusive
Finance Minister Nirmala Sitharaman gave a tell-all interview to Navika Kumar, Group Editor-in-Chief, Times Now and Times Now ...
Banking Central | Banks may benefit from FM Nirmala Sitharaman’s Budget credit push
Some measures announced in the Budget 2025 such as support for MSMEs and agriculture may help banks improve credit and ...