In an exclusive discussion at CNBC-TV18’s Budget 2025 The Verdict in New Delhi on Monday, February 3, Finance Secretary Tuhin Kanta Pandey clarified that the government’s new income tax slabs, which provide relief to individuals earning up to ₹12 lakh annually, are designed to simplify the tax system and encourage compliance. “We are not concerned […]
Budget 2025: An important change to how your ULIPs will be taxed – CNBC TV18
The government has removed the ₹2.5 lakh threshold for taxing unit-linked insurance policies (ULIPs). Starting from April 1, 2026, ULIP returns on premiums exceeding ₹2.5 lakh will be taxed as capital gains. Long-term gains (from policies held for more than a year) will be taxed at 12.5%. Previously, ULIPs were taxed as income from other […]
Budget 2025: New income tax slabs, rates, and benefits explained – FAQs – CNBC TV18
The Union Budget 2025 has brought major relief for individual taxpayers, particularly the middle class, with a significant overhaul of the income tax structure. Finance Minister Nirmala Sitharaman, in her Budget speech, announced new income tax slabs under the revised tax regime, ensuring that individuals earning up to ₹12 lakh will not have to pay […]
Budget 2025: Nifty FMCG index surges most in seven months on tax relief for middle class – CNBC TV18
The Nifty FMCG index is trading with gains of 4% on Saturday, February 1, marking their biggest single-day gain since June 2024. As many as 14 out of the 15 index constituents are trading with gains today. Company Value Change %Change Stocks like Godrej Consumer Products Ltd, Varun Beverages, United Spirits, Hindustan Unilever, Colgate-Palmolive (India), […]
‘Can’t have corporates taxed at 25% and individuals at 30%’: Akhilesh Ranjan calls for an income tax rejig – CNBC TV18
India’s tax structure needs rectification, particularly in how corporates and individuals are taxed, according to Akhilesh Ranjan, Advisor, Tax Policy at Pricewaterhouse & Co. and former member of the Central Board of Direct Taxes. “You can’t have a situation where a corporate pays 25% tax on a huge profit, but a salaried individual with ₹15 […]
Budget 2025 Expectations LIVE: Steel industry seeks protectionist measures & incentives
By CNBCTV18.COM | Jan 30, 2025 8:50 AM IST (Updated) Budget 2025 Expectations LIVE: Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, 2025, which plays a crucial role in shaping India’s economic future. The Budget serves as a strategic tool for resource allocation, addressing inequality, stimulating business growth, and generating […]
Budget 2025 expectations LIVE updates: Tackling India’s ‘four balance sheet’ challenge for economic stability
Budget 2025 expectations LIVE updates: The Finance Minister will table the Economic Survey on Friday (January 31) when Lok Sabha and Rajya Sabha will convene briefly after the President’s address. Budget 2025 expectations LIVE updates: The “Four Balance Sheet” challenge refers to financial distress in four major sectors: banks, infrastructure companies, non-banking financial companies (NBFCs), […]
Budget 2025 expectations LIVE updates: Shalimar Paints highlights growth & policy needs for industry
Budget 2025 expectations LIVE updates: Kuldip Raina, Director of Sales and Marketing at Shalimar Paints emphasized the importance of reducing import duties on raw materials and incentivising rural penetration to unlock untapped markets and sustain industry growth. Budget 2025 expectations LIVE updates: Kuldip Raina, Director of Sales and Marketing at Shalimar Paints, expressed optimism about […]
Union Budget 2025 Live Updates: Infra development and capex growth expected to lead Budget agenda
Union Budget 2025 live updates: Ahead of Budget 2025, India Inc has conveyed to FM Nirmala Sitharaman the need to focus on improving consumption in the upcoming budget for the financial year 2025-26. Track Live updates on Budget 2025 expectations here Union Budget 2025 Live Updates: With Finance Minister Nirmala Sitharaman gearing up to present […]
What are the differences between the old and new Income Tax regimes? – CNBC TV18
In India, the Income Tax operates according to a structured system consisting of tax slabs. The income of taxpayers is divided into specific ranges — each with different rates. This has been done to ensure people with high incomes contribute proportionately more taxes. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category […]