Besides, they add, consumers already pay high rates of goods and services ... personal income tax (PIT) collections, inclusive of securities transaction tax (STT), crossed Rs 10.45 lakh crore ...

Excise taxes on goods ... 10.3%. In 1933 the Washington State Supreme Court ruled that a state income-tax initiative approved by voters was unconstitutional because it did not uniformly tax a ...

I now have a broad sense of how much money I'll save because of Finance Minister Nirmala Sitharaman’s income tax ... goods and services – and saved Rs 51. It is obvious that the 'middle class ...

A customer looks at consumable goods before buying them at a supermarket in the southern Indian city of Hyderabad December 1, 2011. (Photo: Reuters) With an eye on the middle class ... said that tax ...

Union Budget 2025: After tax breaks ... when the middle class had cut back on discretionary spending, and the consumption-led economic engine was sputtering. "The boost in consumption will lead to ...

The public hopes the budget will include steps to boost slowing economic growth and ease the strain on the middle class dealing with high costs ... ability to alter indirect taxes like the Goods and ...

Finance Minister Nirmala Sitharaman discusses the 2025 Indian budget, focusing on tax cuts, growth projections, and the impact on the middle class. Read the full interview ... who file tax returns but ...

Former Delhi Chief Minister Arvind Kejriwal once again turned the spotlight on the Indian middle class ... tax exemption slab, raising it from ₹7 lakh to ₹10 lakh. 5. Removal of Goods and ...

Amendments include a new income-tax bill, revised income tax slabs, and increased rebate thresholds under the Concessional Tax Regime, benefiting middle-class taxpayers. One of the major ...

Budget 2025 income tax slab changes FY 2025-26: Finance Minister Nirmala Sitharaman presented Budget 2025 addressing the middle class by increasing the rebate limit under Section 87A to INR 12 ...

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 ...