New Tax Slabs Unveiled: Major Relief for Middle Class with No Tax on Incomes Up to ₹12 Lakh

new tax slab

On February 1, 2025, Finance Minister Nirmala Sitharaman unveiled the new income tax slabs in the Union Budget for the fiscal year 2025-26, marking a significant shift aimed at providing relief to taxpayers across various income brackets. Here’s a detailed report on the new tax slabs, their implications for common people, and their broader economic … Read more

Union Budget 2025-26: Focus on Middle Class Growth, Agriculture, MSMEs, and Innovation

Budget Highlights

In a highly anticipated presentation, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman unveiled the Union Budget for 2025-26, focusing on transformative measures to drive India’s economic growth and competitiveness. The Budget, which emphasized inclusivity and development, sets the stage for India’s journey towards becoming a “Viksit Bharat” (Developed India) by prioritizing sectors … Read more