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Thursday, September 4, 2025
TopicTax slab

Topic: tax slab

Relief for salaried class under new tax regime; 50% hike in standard deduction in Budget 2024

The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.

Top & bottom of the income pyramid pose different tax problems. New govt must choose reform

A government can afford to make tough decisions in its early days. Resisting populist concerns, we need long-term reform such as broadening the tax base and removing deductions.

Indian taxpayers are ‘dragged’ into paying higher income tax. Govt must factor in inflation

Inflation does not affect everyone equally and the taxpayer with the lowest income is most adversely affected under the new tax regime.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.