The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden....
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The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions for health insurance and pension, and benefits for home loans are being discussed. However, officials prefer maintaining the new tax regime without additional exemptions to avoid complexities resembling the old system.
The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden....
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025,...
The Guyana government is providing an income tax break that will see 22,000 people no longer having to pay on their earnings, and is also easing the...
Nomura expects Finance Minister Nirmala Sitharaman to introduce changes to the personal income tax slabs.
Budget 2025 income tax expectations: While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions...
The new tax regime offers lower tax rates for forgoing various deductions and rebates for interest paid on housing loans
Budget 2025 income tax expectations: The Union Budget 2025 is expected to simplify existing tax provisions and introduce reforms to boost consumption...
Finance Minister Dr Ashni Singh today announced that the income tax threshold will move to $130,000 per month from the current $100,000. The article...
Fiscal Advisory Committee Chairman Keith Duncan has warned against "lofty and impractical" promises, including raising the income tax threshold or...
Minister of Finance Dr Ashni Singh yesterday gave a detailed breakdown of the new income tax regime saying that three aspects of increasing income...