Articles

There is no increase in the Section 80C deduction limit in Budget 2025. The standard deduction. Finance Minister Nirmala Sitharaman has disappointed salaried employees who chose the old tax regime

Tax Savings Alert: Section 80C Deduction Limit Increased in Union Budget 2025?

The Finance Minister, Nirmala Sitharaman, did not announce any increase in the standard deduction limit in Budget 2025. There were rumours that the government might increase the standard deduction

Budget 2025: Has the Standard Deduction Increased to Rs. 75,000?

Budget 2025 has brought major change in Income Tax slabs for Personal Taxation. The New Regime Slabs applicable for FY2025-26 has been revised.

Income Tax Slabs after Budget 2025: Changes in New Tax Regime, New vs Old Tax Regime

It is provided that section 206C(1H) of the Act will not apply, if the buyer is liable to deduct TDS under any other provision of this Act on the goods purchased from the seller and has deducted such amount.

Section 206C(1H): TCS on Sale of Goods abolished by Budget 2025

News

As per Budget 2025 Memo, it has been clarified that No Rebate on Special Rate Income will be given.

No Rebate on Special Rate Income: Clarification made in Budget Memo

FM Nirmala Sitharaman present the Union Budget 2025-26 in the parliament today. New slab rates has been introduced under New Tax Regime.

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Tax Savings Alert: Section 80C Deduction Limit Increased in Union Budget 2025?

Budget 2025: Has the Standard Deduction Increased to Rs. 75,000?

Income Tax Slabs after Budget 2025: Changes in New Tax Regime, New vs Old Tax Regime

Section 206C(1H): TCS on Sale of Goods abolished by Budget 2025

No Rebate on Special Rate Income: Clarification made in Budget Memo

New Slab Rates for Financial Year 2025-26 [AY 2026-27]