DeneGOLD- Free

Govt May Announce Old Tax Regime Phase-Out
Financial Express Chennai|January 16, 2025
According to the Central Board of Direct Taxes, 28% of taxpayers opted for the old tax regime in the assessment year 2024-25

FE HAD REPORTED earlier that the Budget for FY26 may unveil significant tax giveaways aimed at putting more money in the hands of individual taxpayers, with the target beneficiaries being those who earn up to ₹15 lakh a year.

The changes being considered now include a hike in basic exemption limit from ₹3 lakh to ₹4 lakh, along with a rejig of tax slabs in the exemption-less new tax regime, which was brought in 2020-21. Sources say the first slab can be from ₹4 lakh to ₹7 lakh instead of ₹3 lakh to ₹6 lakh, and other slabs would get adjusted accordingly.

Bu hikaye Financial Express Chennai dergisinin January 16, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Govt May Announce Old Tax Regime Phase-Out
Gold Icon

Bu hikaye Financial Express Chennai dergisinin January 16, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS CHENNAI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Chennai

Nvidia's $465-bn rout is largest in market history

'Sputnik moment' for AI firms

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Another steady quarter from ICICI Bank

Unsecured retail portfolio to grow in near-to-medium term

time-read
2 dak  |
January 28, 2025
Financial Express Chennai

Uniform Civil Code Comes Into Force in Uttarakhand

The BJP-ruled Uttarakhand on Monday became the first state in independent India to implement the Uniform Civil Code, which promotes equal laws for every citizen across all religions and standardizes personal laws on marriage, divorce, and property.

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Govt puts privatisation plans of 9 state-run firms on hold

THE GOVERNMENT IS pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to government sources and a document reviewed by Reuters.

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Swiggy, Zomato operationalise payments methods

NEW PAYMENT METHODS have been operationalised on the mobile applications of Swiggy and Zomato's Blinkit.

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Scheme to bear transportation cost of farm produce under discussion

THE CENTRE IS in talks with states to develop a scheme to finance or reimburse the cost of transportation of agricultural commodities from producing regions to consumption points for the benefit of farmers as well as consumers, Union agriculture minister Shivraj Singh Chouhan said on Monday.

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Godrej Consumer Products: Strong volume growth

To gain mkt share in home insecticides and emerging segments

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Amid EV push, Tata Motors looks at hydrogen and LNG options

Exploring Alternative Fuel

time-read
1 min  |
January 28, 2025
Financial Express Chennai

India's Most Trusted Brand - Lyfcare

Rotech Growth Story

time-read
1 min  |
January 28, 2025
Financial Express Chennai

Coal India registers 17.5% fall in profit

Poor Show

time-read
1 min  |
January 28, 2025

Hizmetlerimizi sunmak ve geliştirmek için çerezler kullanıyoruz. Sitemizi kullanarak çerezlere izin vermiş olursun. Learn more