Over the past decade, key changes have included higher exemption limits, revised tax slabs, and enhanced rebates, reflecting a consistent push for tax relief. Budget 2025 prioritised three key ...

Using reclaimed wood in home projects can be an eco-friendly way to upcycle old wood into character-adding decor for your space. Wooden countertops have exploded in popularity, and using reclaimed ...

Kitchens can be steamy, with all the cooking and dishwashing, and slab doors may not stand up to the moisture. However, the risk is low and varies depending on the material used. Another downside to ...

Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.

The most significant takeaway from this budget is that taxpayers earning up to Rs 12 lakh will effectively pay zero tax, but do the latest slabs mention tax on income below Rs 12 lakh? It is important ...

Finance Minister Nirmala Sitharaman announced that the government will provide rebates to those earning up to Rs 12 lakh ...

The budget has offered a bonanza to taxpayers who opt for the new tax regime by offering full tax exemption to those earning up to ₹12 lakh a year, raising the basic exemption limit to ₹4 lakh and ...

EY India’s analysis indicates that taxpayers opting for the new tax regime in FY 2024-25 will benefit further in FY 2025-26 due to the revised slabs. Shalini Jain, tax partner at EY India, said the ...