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Source: Live Mint Budget 2025, Income Tax Slab Update: Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech announced new income tax slabs for salaried individuals. As per Sitharaman, under the New Tax Regime, taxpayers with income up to ₹12 lakhs are now exempted. We take a look at what the new income tax…
Source: Live Mint Budget 2025 brought unexpected cheer to a large section of middle-class taxpayers who opt to file their returns under the new tax regime. Thanks to generous rebates announced, individuals earning up to ₹12 lakh an annum will not be required to pay any tax on incomes from sources such as salary. They…
Source: Live Mint Budget 2025: Pharma stocks experienced a mixed trading session on Saturday following Finance Minister Nirmala Sitharaman’s declaration of exemptions from basic customs duty (BCD) for 36 essential medications. Additionally, six life-saving drugs will only incur a reduced duty rate. “I propose to add 36 lifesaving drugs and medicines to the list of…
Source: Live Mint Budget 2025 Income Tax Changes: Finance Minister Nirmala Sitharaman proposed sweeping tax reforms for the middle class in the Budget 2025. From zero tax on income of up to ₹12 lakh to cutting the income tax rates proposed in the new tax regime, Budget 2025 came as a much needed relief for…
Source: Live Mint Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government…
Source: Live Mint Union Budget 2025: Is the govt planning to phase out the old regime? Nirmala Sitharaman has proposed to introduce the new income tax law in Budget 2025. With this, the rumours of phasing out the old regime have reviewed. As we know the new tax regime offers concessional tax rates but does…
Source: Live Mint Budget 2025: Shares of fisheries stocks surged despite the overall weakness in the broader market on Saturday, February 1 . This positive momentum came after Finance Minister Nirmala Sitharaman made significant announcements aimed at boosting the fisheries sector in the Union Budget. Stocks Mukka Proteins saw a remarkable intra-day surge of over…
Source: Live Mint Budget 2025: In India, the maximum income tax rate is 30 percent for those in the highest income bracket before a surcharge of up to 25 or 37 percent depending on which regime (new or old) and a 4 percent cess on the combined figure. In Budget 2023, the government had cut down…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Breakout stocks to buy or sell: Domestic equity benchmarks Sensex and Nifty 50 settled higher in the previous session, with the Economic Survey predicting a pro-growth budget one day ahead of the Union Budget 2025-26 presentation. Rallying for the fourth straight day, the 30-share BSE Sensex last settled 740.76 points or 0.97…
