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Source: Live Mint The Budget 2025 has become a beacon of hope for individual taxpayers amidst a global landscape marred by the threat of “retreating globalization,” and a domestic economy grappling with inflation and subdued growth. The Finance Minister (FM) has risen to the occasion, presenting a budget that not only addresses the pressing concerns…
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 As Budget 2025 draws near, middle-class taxpayers are looking forward to possible income tax revisions that could provide much-needed relief. In her eighth straight budget, will Finance Minister Nirmala Sitharaman make any announcements that will majorly impact the middle class by increasing their disposable income and promoting long-term financial growth? All eyes…
Source: Live Mint Former Infosys CFO TV Mohandas Pai highlighted the growing burden on the middle class due to rising inflation, increasing EMIs, and escalating education costs. In an insightful interview with Mint, Pai, a prominent voice in Indian business and finance, outlined a set of key reforms needed for the country .”The middle class…
Source: Live Mint In this world nothing can be said to be certain except for death & taxes. – Benjamin Franklin. Effective tax planning allows salaried employees to optimise their post-tax earnings. A crucial aspect of tax planning for middle class salaried employees is leveraging deductions and exemptions within legal guidelines, defer taxes and take…
