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Market News

Location American Market News for 1 February 2025
DeepSeek's sudden emergence onto the U.S. tech scene this week roiled markets and provided plenty of fodder for earnings calls.
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Budget 2025: Was this a death knell for the old tax regime? With income tax rates becoming even more attractive under the new tax regime, will the old tax regime become completely irrelevant from the next financial year
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Budget 2025: FM extends deadline to file updated ITR from two to four years Introduced in April 2022, this provision in the Income Tax Act allows taxpayers to report income by paying additional tax on it if they missed filing it before.
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Union Budget 2025 | Income tax slabs revised: Should you switch to new tax regime? Do the new income tax slabs necessarily mean better savings for taxpayers? Let's break it down.
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Budget 2025: Govt tries to strike a balance between credit and deposits Gross non-performing assets (NPAs) in the Indian banking system has touched a 12-year low. It has now reached a value of 2.6%. Still, it is crucial to note, that unsecured personal loans and credit card defaults are beco...
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Your Budget 2025 Guide: Income tax slabs, rates, and key benefits. All your queries answered Your Budget 2025 Guide: The new income tax regime under Budget 2025 allows tax-free income up to ₹12 lakh. Taxpayers earning just above this threshold can avail marginal relief, reducing their tax liability significant...
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New income tax slabs: How much will you the taxpayer save, end up paying -- explained 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, but will have to pay taxes at special rates on other incomes...
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All personal finance updates from Budget 2025

livemint.com - 1 Feb 2025 11:52
All personal finance updates from Budget 2025 Budget 2025-26 brings major tax relief, raising the tax-free income threshold and easing TDS and TCS norms. Key updates also include new exemptions for savings withdrawals and clarity on NPS Vatsalya contributions.
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Budget 2025: Relief for taxpayers to simplified TDS, 10 major Income Tax announcements by FM Nirmala Sitharaman In Budget 2025, tax relief measures include raising the income tax rebate limit to ₹12 lakh and doubling senior citizens' tax-free interest income to ₹1 lakh.
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New vs Old Tax Slabs: How much income tax will you save in the new regime post Budget 2025? Here's the math New Vs Old Tax Slabs 2025: Budget 2025 introduces significant tax reforms for middle-class taxpayers in India. With zero tax on incomes up to ₹12 lakh and reduced rates for higher brackets, find out how these changes c...
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Budget 2025: Nirmala Sitharaman announces rejig of income tax rates -- Here's how slabs have changed under new tax regime Finance Minister Nirmala Sitharaman announced a revised income tax system in the Budget, exempting individuals earning up to ₹12 lakh from taxation and introducing new tax slabs.
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Income tax rates changed, announces FM Nirmala Sitharaman: Check new tax slab here 'Nil tax' slab up to ₹12.00 lakh ( ₹12.75 lakh for salaried tax payers with standard deduction of ₹75,000)
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Budget 2025: Is the govt planning to phase out the old regime next week? Is the govt planning to phase out the old regime?
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Income Tax Budget 2025 LIVE Updates: All eyes on tax rates as FM Sitharaman set to present her 8th consecutive budget Income tax Budget 2025 LIVE: Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the details
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