Wellington’s long-awaited Golden Mile upgrade will start construction in April. The controversial $140 million development was part of the now-disestablished Let’s Get Wellington ...

The Budget document specifies that the new slabs are for those opting for the New Tax Regime, in line with the Centre's push for this new regime that aims to simplify personal tax by doing away ...

Currently, the new tax regime features slabs where income up to ₹3 lakh is tax-free, while earnings between ₹3 lakh and ₹7 lakh are taxed at 5%. The rates continue to increase, reaching 30% ...

Salaried individuals having standard deduction benefit of Rs 75,000 under the new tax regime will pay zero tax if gross taxable income does not exceed Rs 12.75 lakh. Current income tax laws allow zero ...

In the 2025 Budget, Finance Minister Nirmala Sitharaman introduced significant revisions to the income tax slabs under the new tax regime. These changes aim to ease the financial burden on ...

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many were left wondering if the government plans to scrap the old ...

New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...

The Finance Minister gave salaried individuals a moment of joy with the news that those earning up to Rs 12 lakh a year will pay no tax — but only if they're willing to embrace the new tax regime. And ...

As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...

The finance minister says: "I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh (i.e. average income of Rs 1 lakh per month other than special rate income ...

Capital gains income however falls under the taxable income. Check the latest slabs of income tax and rates under the new tax regime for those earning above Rs 12 lakh. The adjustment in income ...

Budget 2025: In a significant move aimed at easing the tax burden, Finance Minister Nirmala Sitharaman announced crucial changes to income tax slabs in Budget 2025. The nil tax slab has been raised ...