No income tax up to Rs 12 lakh as Nirmala Sitharaman gives major relief to middle class in Union Budget The Tribune, now published from Chandigarh, started publication on February 2, 1881 ...

“This is a dream budget for the middle class,” said Sonu Iyer ... under LRS raised from Rs 7 lakh to Rs 10 lakh. • No TCS on education remittances if funded by an educational loan. From tax cuts and ...

New Delhi: In a major move to ease the tax burden on middle-class taxpayers ... between Rs 8 lakh and Rs 12 lakh will be taxed at 10 per cent. For higher income brackets, the tax rates will ...

Budget 2025-26, presented by the Union Finance Minister Nirmala Sitharaman has introduced a series of direct tax reforms aimed at providing relief to the middle class, simplifying ... for ...

we have periodically reduced their tax burden," she said. This largesse to the salaried folks will cost the government ₹1 trillion. Apart from soothing the nerves of the middle class ...

Under the new tax slabs announced in the Budget, there is no tax on annual incomes up to Rs 4 lakh The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore ...

The adjustments are expected to result in savings ranging from Rs 80,000 to Rs 1.20 lakh for the middle-class earners. The Minister expanded the structure of the New Tax ... rupees, 10% 12 to ...

10% Rs 12-16 lakh: 15% Rs 16-20 lakh: 20% Rs 20-24 lakh: 25% The rejigging of the tax slabs is expected to ease the financial burden on the salaried class, providing them with more disposable income ...

The finance minister also stated that the new income tax regime will be simpler, with a special focus on benefiting the middle class ... 8 lakh and Rs 12 lakh, a 10 percent tax rate will ...

Finance Minister Nirmala Sitharaman on Saturday delivered a significant relief to middle-class taxpayers by making ... Rs 3-7 lakh pay 5 per cent tax, Rs 7-10 lakh (10 per cent), Rs 10-12 lakh ...

Prime Minister Narendra Modi’s call for Goddess Lakshmi’s blessings for the poor and middle class has sparked speculation ... the basic exemption limit under the new tax regime from Rs 3 lakh to Rs 10 ...

So that a common man is also able to sustain himself and the lower class further develops...As far as tax slabs are concerned, it would be good if those in the Rs 10-15 Lakhs category are given ...