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 ...

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Durand Burl Lugar, 81, passed away January 20, 2025, in Tulsa. Born January 30, 1943, in Bartlesville to Burl Antony Lugar and Opal Juanita (Huffmaster), Lugar’s early years were shaped by family, ...

Last year, Texas Monthly magazine listed Redwood Smoke Shack as one of the best places to get Texas-style barbecue outside of the Lone Star State. Hampton Roads gets to enjoy the restaurant’s ...

A Tesla Cybertruck owner is speaking out after their vehicle was vandalized overnight in Redwood City. Tesla cameras captured a man in a hoodie walking on a crosswalk in downtown before glancing ...

A manufacturing firm in Ipswich has been fined after two workers were struck by slabs of stone, with one of the men sustaining multiple bone fractures as a result. Three slabs of quartz stone fell ...

Two workers were injured when three slabs of quartz stone fell on them at Bespoke Stone's workshop A stone company has been fined thousands of pounds after two workers were injured by slabs that ...

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year. The system is ...