Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

By claiming two deductions, a person with a gross wage of Rs 13,25,000 can deliver their web taxable earnings right down to Rs 12 lakh, making them eligible for the complete tax rebate beneath Part 87A learn extra In her Finances 2025 presentation speech on the Parliament on Saturday (February 1), Finance Minister Nirmala Sitharaman…

Read More
You’ll have to pay taxes regardless of revenue beneath Rs 12 lakh if… – Firstpost

You’ll have to pay taxes regardless of revenue beneath Rs 12 lakh if… – Firstpost

Revenue taxed at particular charges, such capital beneficial properties made by means of investments in shares, together with short-term and long run capital beneficial properties below Part 111A and Part 112, respectively, can’t be offset by the rebate learn extra Price range 2025 proposes nice reduction to taxpayers incomes as much as Rs 12 lakh…

Read More
Union Finances 2025: How Finance Minister Nirmala Sitharaman’s announcement impacts Indian sports activities

Union Finances 2025: How Finance Minister Nirmala Sitharaman’s announcement impacts Indian sports activities

With Finance MInister Nirmala Sitharaman unveiling India’s funds for FY 2025-26, which incorporates tax exemption for salaried people incomes as much as Rs 12 lakh each year, we check out the way it impacts Indian sport – from federations to flagship programmes corresponding to Khelo India. learn extra Finance Minister Nirmala Sitharaman offered the Union…

Read More