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Union Budget 2025 Live Updates: Union Finance Minister Nirmala Sitharaman on Saturday presented the Budget for the third term of the Bharatiya Janata Party (BJP)-led government, providing significant tax relief to the salaried middle class that was struggling with high prices and stagnant wages. Making a slew of announcements, Ms Sitharaman said individuals having an…
There may be concessions for the middle class, which is pinning hope on a reduction in income tax rates, along with a hike in standard deduction. Under the old tax regime, the basic income exemption limit is set at Rs 2.50 lakh, while in the new tax regime, the limit is Rs 3 lakh. With…
Last Updated:January 31, 2025, 18:20 is Union Budget 2025: People are eagerly waiting for a solution to their biggest issues such as price hike of essential commodities and reduction of taxes in the Union Budget to be tabled on February 1 Budget 2025: Union Finance Minister Nirmala Sitharaman. (File photo) India Budget 2025 Expectations: Finance…
New Delhi2 minutes ago copy link In this year’s budget, many types of reliefs have been given regarding income tax. Under the new tax regime, now 5% tax will have to be paid on income of 3 lakh to 7 lakh rupees. Earlier it was up to 6 lakhs. Changes have also been made in…
15 minutes agoAuthor: Anshuman Tiwari, economic analyst copy link The first budget of Modi 3.0 is interesting as well as quite complicated. There is a big difference between what is said in the budget and what you get to read in the Finance Bill. Some hopes, some expectations that were from the budget… in those…
Union Budget 2024: We are in the midst of wedding season, surrounded by the crescendo of ’till death do us part’ vows. In this spirit of togetherness, there is another timeless union that deserves our attention—the union of state and taxes. An inseparable bond that has stood the test of time, so intertwined that their…