Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

The new tax rates and slabs will come into effect from financial year 2025-26 (Assessment year 2026-27). Budget 2025 also did not make any changes to the old tax regime.

Ikechi Ojore tried to have a moment during the latest episode of Married at First Sight, but he ended up with pie on his face. The 41-year-old attempted to embarrass his wife, Emem Obot ...

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by ...

*Note- No deduction available except mentioned below. Standard Deduction U/s 16(ia) upto Rs.75,000/-Family Pension U/s 57(iia) upto Rs.25,000/-Deposited in the Agniveer Corpus Fund u/s 80CCH(2) Rebate ...

Copyright 2025 The Associated Press. All Rights Reserved. Kansas center Hunter Dickinson (1) dunks the ball during the first half of an NCAA college basketball game ...

A chaotic scene unfolded in an Albuquerque, New Mexico courtroom during a homicide case hearing, when two male relatives of the victim attacked the defendant suspected of murder. The fight began ...

Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up to Rs 12 lakh in Budget 2025. However for salaried individuals ...

A portion of the slab inside the sports complex at Mumbai University’s Vidyanagri campus at Kalina collapsed on Saturday evening, raising serious safety concerns. Fortunately, no injuries were ...

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 ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget 2025-26 presentation, increasing the income tax exemption limit to Rs ...

That "Sputnik Moment" had a profound impact on the nascent Space Age, significantly escalating the race between the United States and the Soviet Union, prompting soul searching in the U.S., and ...