Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.
Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
INDIA BUDGET-India's tax cut plans will boost consumption, top execs say
India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually boost consumption in the world's fifth-largest economy, executives from automobile and consumer firms said on Saturday.
'Maybe abolishing income tax...': Finfluencer on the real cost of Budget 2025 for high earners in India
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax filers in India earn below ₹13 lakh per annum, effectively leaving just one crore individuals to pay income tax.
India’s 2025-26 Budget focuses on job creation; new income tax bill next week
Dubai: India is hoping to rev up higher growth and job creation with a budget that focuses on offering easier – and more - access to funds for small and mid-sized businesses as well as startups. These will ‘generate employment for youth’ as MSMEs get better access to credit,
India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years. Currently, under the new system introduced in 2020,
Old tax vs new regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
Reactions to India's 2025-26 budget
India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...
Income Tax Slabs Budget 2025 Live: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
How Union Budget 2025 has seen the biggest tax break in 20 years
The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...
Budget 2025: Tax cuts to fire up middle-class spending, revitalise urban consumption
India’s growth may hit a four-year low as weak manufacturing, food inflation, and sluggish urban demand weigh on the economy, ...
Budget 2025 Live Updates: Income tax relief for middle class, Bihar flavour of Nirmala Sitharaman's eighth general budget
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
Tax Guru2h
Budget 2025: Tonnage Tax Benefits Extended to Inland Vessels in India
The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.
abp LIVE on MSN5h
Tax Relief, Easier Regulations, And More Funds: How Budget 2025 Has Enhanced Affordable Housing
The 2025 budget has presented a series of measures that could significantly reshape the landscape of affordable housing, ...
‘This one’s a blockbuster’: OYO’s Ritesh Agarwal hails Budget 2025 for tax-free push, Rs 10,000 crore for startups
Encouraging farm stays and promoting entrepreneurship in every form — showcasing India’s rich culture!” Agarwal highlighted, ...
Tax Guru1h
Budget 2025: Changes in Dividend Tax Deduction Threshold to Rs. 10,000
Section 194 of the Income-tax Act mandates that Indian companies must deduct 10% income tax on dividends paid to shareholders who are residents in India, before making any payment. The first proviso ...