The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh ...

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year. The system is ...

Union Budget 2025: Last year, Sitharaman in her budget speech proposed a new tax structure under the new income tax regime. Finance minister Nirmala Sitharaman will present the Union Budget on ...