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Budget 2025

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Latest from Budget 2025

FM Nirmala Sitharaman says income tax, RBI rate cut to boost economy: Report

Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut

Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday, Feb. 2, 2025. (PTI)
Published on Feb 08, 2025 05:11 PM IST

Hope to introduce new income tax bill in Lok Sabha next week: Sitharaman

After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the bill on Friday.(Sanchit Khanna/ Hindustan Times)
Published on Feb 08, 2025 04:08 PM IST
PTI | , New Delhi

How does Budget 2025 support women’s economic empowerment?

This article is authored by Mitali Nikore, economist and founder, Nikore Associates, New Delhi.

Women empowerment (Voices of Youth)
Updated on Feb 06, 2025 06:36 PM IST

NPS can allow you to save tax even above 12 lakh exemption limit. Here's how

A key fact is that only 2.2 million individuals have enrolled for the scheme despite it existing for nearly a decade

Section 80CCD(2) allows tax deduction of up to 14% of basic salary invested in NPS, whilst the old tax regime offers 10%.(Representational Image/Pixabay)
Updated on Feb 05, 2025 03:14 PM IST

TDS on FDs, new tax slabs: How Budget 2025 benefits senior citizens | Details

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

Union finance minister Nirmala Sitharaman outside the finance ministry ahead of the presentation of the ‘Union budget 2025-26’ in New Delhi on Saturday, (Sanjeev Verma/ Hindustan Times)
Published on Feb 05, 2025 01:40 PM IST
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