[ad_1] As the new financial year, FY 2025-26, begins on April 1, 2025, several key changes in the income tax laws take effect. These updates could impact your tax liability, deductions, and the way taxes are deducted from various income sources. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
Explained: How much tax will you pay if you earn more than ₹12 lakh – CNBC TV18
[ad_1] Finance Minister Nirmala Sitharaman has introduced a major tax relief, making incomes up to ₹12 lakh tax-free. For salaried individuals, this limit increases to ₹12.75 lakh after factoring in the standard deduction of ₹75,000. With this move, over one crore taxpayers will exit the tax net, costing the government ₹1 lakh crore in forgone […]