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 ...

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 ...

A key highlight of the budget is the revision of income tax slabs ... goods, automobiles, and housing, reinforcing India's growth momentum. Housing, a key aspiration of middle-class families ...

A person having income of Rs 18 lakh will get a benefit of Rs 70,000 in tax. A person with an income of Rs 25 lakh gets a benefit of Rs 1.10 lakh. "UDAN (Ude Desh ka Aam Naagrik) has enabled 1.5 crore ...

that need specialised services and ... In the last 10 years, the middle class had this demand - today they have been heard and hence I welcome that (no income tax on income of up to ₹12 lakhs).

In the Union Budget 2025, Prime Minister Narendra Modi-led government has turned to the country's middle class to revive growth ... up to Rs 12 lakh from income tax and changed tax slabs.

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 ...

Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms ... of Rs 1.10 lakh. "The new structure will substantially reduce the taxes of the middle class and leave ...

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 ...

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 ...

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 ...