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Income ceiling

Income Tax Rates for 2026–27 (New Tax Regime)

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New Income Tax Slab Rates 2026-27

₹12 लाख तक की सालाना इनकम पर कोई इनकम टैक्स नहीं Income Tax Rates for 2026–27 (New Tax Regime); The Government has introduced a major income tax relief for the middle class under the New Income Tax Regime for FY 2026–27. Individuals earning up to ₹12 lakh annually will now pay zero income tax (excluding special-rate income such as capital … Read more

Income Tax Exemption Limit Raised by Rs.50,000 – Does it meet the Central Government employees’ expectations?

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Income Tax Exemption Limit Raised by Rs.50,000 – Does it meet the Central Government employees’ expectations? Finance Minister Arun Jaitley announced that the Income Tax exemption limit for individual taxpayers, below the age of 60 years has been raised from Rs. 2 lakhs to Rs. 2.5 lakhs. The General Budget 2014-15 presented by the Union … Read more