Union Budget 2025: No Income Tax Payable For Income Up to ₹ 12 Lakh Under New Tax Regime, Says Nirmala Sitharaman

Union Budget 2025: No Income Tax Payable For Income Up to ₹ 12 Lakh Under New Tax Regime, Says Nirmala Sitharaman

Govt. Proposes Nil Tax on Income Up to ₹ 12 Lakh Per Annum Under New Tax Regime, Finance Minister Nirmala Sitharaman Said in Her Union Budget 2025 Speech in the Parliament, Ins New Delhi Mage only) With an objective to boost household consumption and Aggregate Demand, Finance Minister Nirmala Sitharaman Announced on Saturday that Income…

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Cabinet clears new income tax bill

Cabinet clears new income tax bill

Finance minister nirmala sitharaman had announced in budget 2025 that the new tax bill will be introduced in the ongoing session of parlament. , Photo Credit: Getty Images/Istockphoto The Union Cabinet on Friday (February 7, 2025) Approved the new income tax bill, which will replace the six decades old it act, sources said. The new…

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