Tax Slabs

FM Sitharaman gave a push to consumption with the announcement of new tax slabs and benefits in Budget 2025, with a particular focus on the middle class

Budget 2024 | Will there be new tax slabs? | Full Budget Analysis

Budget 2024 | Will There Be New Tax Slabs? | Full Budget Analysis

Budget 2023 likely to focus on middle class, income-tax relief expected

The Union Budget 2023 may introduce a new I-T slab at Rs 8-10 lakh with a rate of 10-15 percent, a CNBC TV-18 report has said

Budget 2023 | MC Budget Manifesto | Taxpayer’s wishlist for FM Sitharaman

The upcoming Budget in 2023 is likely to be the last full-year Budget before the country goes to polls in 2024. Ahead of the election year, will the Indian taxpayer get some relief amid the price rise? In the run-up to the Budget, we present you the MC Budget Manifesto, where we list key expectations of various sectors from FM Sitharaman. So what do the Indian taxpayers wish for in 2023? Let’s find out.

Arvind Panagariya calls for just 2 GST slabs to simplify system

The former NITI-Aayog chief also called for widening the ambit of GST to cover a wider range of consumer goods that are widely purchased but are not taxed

GST Council may consider proposal to raise lowest slab to 8%, rationalise tax slabs

A panel of state finance ministers is likely to submit its report by this month end to the Council suggesting various steps to raise revenue, including hiking the lowest slab and rationalising the slab

Three pressing issues that the GST Council needs to address

The Centre and states will have to ensure that the GST Council takes effective decisions to plug gaps in the indirect tax structure 

Budget 2018: Jaitley's election Budget balances populism and discipline, but leaves salaried class and investors cold

The budget also marked the beginning of a new public accounting process. There were fewer indirect tax changes following the launch of the goods and services tax (GST) that kicked in on July 1.

New income tax provisions you need to be aware of

Budget 2017 provisions will be applicable from April 1. It is time to realign your money matters accordingly.

Union Budget 2017-18: How changes in individual income tax will affect you

Those earning under Rs 5 lakh will benefit the most, while the super-rich will feel the pinch.

Budget 2017: Should align tax treatment of MF retirement plans with NPS

We look forward to few changes in terms of (a) increase in tax exemption limit under Section 80C for ELSS Schemes (b) additional limit under Section 80CCD for investment in mutual fund linked retirement benefit/pension schemes.

Govt may raise income tax exemption limit in Budget: CLSA

Brokerages and analysts are pinning their hopes on Union Budget to deliver income tax sops to help reduce pain induced by the government‘s demonetisation drive.

High interest savings account or fixed deposit? Which works?

Each of these options has its own advantages. One should be assessing the tax liability before logging into one.

DTC Bill may slap 35% new tax on super rich: Sources

The cabinet is all set to consider the revised direct tax code (DTC) Bill soon. No change is likely in the tax exemption limit, but the bill proposes a new 35 percent tax slab for people with income exceeding Rs 10 crore per annum.

Parliament likely to debate DTC in Monsoon session

The Finance Ministry may table the Direct Tax Code in the monsoon session of the Parliament. The code seeks the hike of income tax exemption and savings reduction limit.

Final DTC to see tweaks in Wealth tax, I-T slabs: Sources

The new or revised direct tax code bill being worked upon by the finance ministry currently will see key changes in wealth tax, IT slabs and definition of non profit organization, sources from Central Bureau of Direct Taxes (CBDT) informed.

MPs want FM to broaden tax base, reduce duty on items

The government should endeavour to broaden tax base and provide excise relief for items of mass consumption in the forthcoming budget, suggested Members of Parliament (MPs) in their pre-budget meeting with Finance Minister P Chidambaram today.

Market may see strong run up to Budget: BofA Merrill Lynch

The government has initiated many bold reforms over the last three months. In an interview to CNBC-TV18, Jyotivardhan Jaipuria of BofA Merrill Lynch says the market will see a strong run up to the Budget.

How Budget 2012 will impact your investments

As the Union Budget 2012 did not propose too many tax changes, financial planner Gaurav Mashruwala said he was disappointed as expectations were not met.

Budget 2012-13: Realistic & retrospective but not reformist: Experts

CNBC-TV18 caught up a panel of guests to discuss their reaction on the Budget and the way forward for the economy. Check out what they say.

Budget 2012-13: A lukewarm budget for Investors

Budget FY2012-13 failed to make any huge impact on the retail investors. UPA could have taken bold step before going for election however it maintained diplomatic stand. All in all, it has been a lackluster budget with many key areas untouched, reckons financial advisor Renu Pothen

Budget 2012: Impact on retail Investors

This is not the big bang the market was hoping for. Read on to know some of the changes from the budget that would impact you as an investor.

Budget Expectations: Need to realign deduction limit on self-occupied property

The Budget is eagerly awaited by all, from ministers, industrialists to Aam Admi. Though the focus of Budget are things like expenditure towards education, health services, infrastructure, etc. Aam Admi is more interested in knowing will his disposable income increase or not. Let’s look at some of the expectations of the Aam Admi.

FM may offer customs duty, indirect tax cuts: Principal MF

While a common man still looks at the budget with lot of expectations, the Union Budget has increasingly resembled an accounting budget. This is because as the finance ministers have cut income tax slabs and rates over the years, there is lesser and lesser scope to do lower it further.