Tax Slab
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Income Tax Slabs 2025-26: Here’s how much professionals earning Rs 15 lakh can save – Details
Personal Finance | Apr 03, 2025, 05:36 PM ISTCost to Company (CTC) includes various components such as basic salary, allowances, PF contributions, gratuity, and other benefits. However, the in-hand salary (take-home pay) is what remains after deductions for tax.
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Income Tax Slabs: How do new tax slabs compare to existing ones in terms of benefits
Income Tax | Apr 02, 2025, 04:26 PM ISTIncome Tax Slabs: With the new regime, the threshold of income above which income is exempt from taxation remains at Rs 3 lakh, but the slabs have been tweaked so that tax incidence on the mid-level earners is minimised.
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Income up to Rs 12 lakh is tax-free, but do you know the tax-exemption limit? Find out
Personal Finance | Feb 03, 2025, 02:22 PM ISTFinance Minister Nirmala Sitharaman had in July last year announced a comprehensive review of the Income-tax Act 1961.
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Budget 2024: No change in tax regime this year; check old, new tax slabs
Budget | Feb 01, 2024, 01:50 PM ISTThe finance minister proposed to retain the same direct and indirect tax rates, including import duties.
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Budget 2024 may bring pleasant surprise for taxpayers as tax regime likely to be hiked: Reports
Budget | Jan 08, 2024, 11:15 AM ISTInterim Budget will be presented on February 1 in Lok Sabha. This will be the last Interim Budget of this tenure of the Narendra Modi government at Centre, as Lok Sabha polls are scheduled to take place this year.
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Budget 2022: Tax for cooperative societies reduced | Full analysis
Business | Feb 01, 2022, 05:01 PM ISTIn order to provide a level playing field between the co-operative societies and companies, the government proposes to reduce the Alternate Minimum Tax rate for co-operative societies to 15 per cent from the current 18.5 per cent, Finance Minister Nirmala Sitharaman announced.
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Budget 2022-23 to be tabled today: Here's what to expect
Business | Feb 01, 2022, 07:06 AM ISTWhile Indian corporates are expecting some key announcements which will enable them to reset their growth agenda, individual taxpayers are expecting some more disposable income in their hands to invest and consume more.
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CAIT calls for special income tax slab for traders
Business | Jan 31, 2020, 07:22 AM ISTUrging the government for keeping the trading community on the priority list, the Confederation of All India Traders (CAIT) said on Thursday that the upcoming Union Budget should introduce a special income tax slab for the traders.
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Tweaking of tax slabs, raising basic exemption limit on Budget agenda
Business | Jan 27, 2020, 03:41 PM ISTAs the clamour grows for more money into the pockets of consumers and households to boost consumption in the economy, the government is discussing multiple options on cuts in personal income tax (PIT) in the forthcoming Union Budget. A final decision on personal Income Tax cuts will be taken by Prime Minister Narendra Modi in the next few days.
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GST likely to become two-tier tax with merger of 12, 18 per cent slabs: Jaitley writes in blog
Business | Jul 01, 2019, 02:04 PM ISTAs Monday marks the second anniversary of GST rollout, former Finance Minister Arun Jaitley in a blog has said that the Goods and Services Tax may become a two-tier tax. He further said that most items of consumer use have been brought under the 18 per cent, 12 per cent and even 5 per cent category.
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GST Quick Facts: Know what will going to get cheaper and costlier from 1st July
News | Jun 28, 2017, 01:37 PM IST