Budget 2025 Income tax slab changes: The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, …

1 day ago · By Parizad Sirwalla Budget 2025 income tax: In the run up to the Budget 2025, individual taxpayers were eagerly looking forward to favorable tax reforms.The FM seems to …

5 days ago · 2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families. High-income households and profitable corporations would grow even wealthier …

Jun 21, 2024 · Distributional Effects of President Biden’s FY 2025 Budget. The budget would raise marginal income tax rates faced by higher earners and corporations while expanding tax …

Feb 1, 2025 · As per Budget data, personal income tax collections are projected to grow by 14.4% to Rs 14.38 lakh crore in the 2025-26 fiscal beginning April 1. Corporate taxes are projected to …

Feb 1, 2025 · Despite income tax rate cuts, the Centre’s gross income tax receipts for 2025-26 is budgeted at Rs 14.38 lakh crore, which is 21.1% higher than the budget estimate of Rs 11.87 …

Jan 17, 2025 · In CBO’s projections, the federal budget deficit in fiscal year 2025 is $1.9 trillion. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit grows to …

Budget 2025 income tax slab changes 2025-2026 explained: All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway …

Jan 31, 2025 · According to BankBazaar, three important income tax changes that need to be brought in Budget 2025 are; raising the 30% income tax threshold to Rs 18 lakh, restructuring …

Jan 31, 2025 · Income Tax Union Budget 2025: Income tax relief measures announced under the new, proposed tax regime make annual income of up to Rs 12 lakh income-tax free. Along …