Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

While the Election Commission has barred the BJP-led Central government from making Delhi-specific announcements in the Union Budget, the income tax relief for the middle class is seen by many as a ...

In her budget speech on Saturday, Nirmala Sitharaman announced that no income tax would be payable up to income of ₹12 lakh annually.

While presenting her budget speech on February 1, Finance Minister Nirmala Sitharaman also focused on senior citizens easing ...

Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh ...

Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the bureaucrats, says ...