Budget Live Updates | New Income Tax 2025-26: Tax Slab; Zero Income Tax Till Rs 12 Lakh Income Under New Tax Regime0-4 lakh rupees: Nil4-8 lakh rupees: 5%8-12 lakh rupees: 10%12-16 lakh rupees: 15%16-20 lakh rupees: 20%20-24 lakh rupees: 25%Abov
Budget Live Updates | New Income Tax 2025-26: Rationalizing TDS/TCSLimit for tax deduction on interest for senior citizens to be doubled from Rs 50,000 to Rs 1 lakhAnnual limit for TDS on rent to be increased from Rs 2.40 lakh to Rs 6 lakhThreshold to col
Budget Live Updates | New Income Tax 2025-26: Tax Reforms to Improve Ease of Doing BusinessScheme to be introduced for determining arm's length price of international transaction for a block period of three years, to streamline transfer pricing and to pro
Budget Live Updates | New Income Tax 2025-26: New Income-tax Bill to be Introduced New bill will be clear and direct in text with close to half of the present lawWill be simple to understand, leading to tax certainty and reduced litigation
Budget Live Updates | New Income Tax 2025-26: FM proposes to remove 7 tariff rates As a part of a comprehensive review of customs rates structure announced in the July 2024 budget, FM proposes to remove 7 tariff rates - this is over and above th