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The Times of India What is the latest standard deduction limit post Budget 2024?

Nirmala Sitharaman's Budget 2024 raises standard deduction to Rs 75,000 for salaried individuals and pensioners, and Rs 25,000 for family pensioners. This increases tax savings and reduces taxable income. Originally introduced in 1961, reintroduced in 2018, and last increased in 2019, it replaces medical reimbursement and transport allowance. Claim via income tax return.

The Times of India Budget 2024 has good news for NPS tax savings

The Budget 2024 introduces significant changes to NPS benefits, allowing for higher employer contributions and tax savings. The new tax regime impacts both private and public sector employees. Learn more about the details and implications of these changes.

The Times of India Explained: How will you save Rs 17,500 tax post Budget?

Budget 2024 income tax changes explained: Salaried individuals at what income level will benefit the most from the income tax slab and standard deduction changes under the new income tax regime? How does this math work? We take a look:

The Times of India Watch: Gambhir holds first practice session as India coach

Team India begins their tour of Sri Lanka with new leadership under Suryakumar Yadav and vice-captain Shubman Gill. The Indian cricketers headed for their first practice session of the Sri Lanka series on Tuesday under the watchful eyes of Gautam Gambhir who succeeded Rahul Dravid as the head coach. The Indian cricket team will play 3 T20Is and 3 ODIs against Sri Lanka, starting on July 27 and ending on August 7.

The Times of India Winners and losers from Modi govt's first budget after Lok Sabha elections

In the first budget of Modi govt 3.0, finance minister Nirmala Sitharaman unveiled a $24 billion package with measures aimed at employment generation, skilling programs for youth and women, and a new tax regime for lower-income earners. The budget gave special attention to states represented by Modi’s key allies, such as Andhra Pradesh and Bihar.

The Times of India First COVID case at Paris Olympics: Aus player isolated

The previous Olympic Games, originally slated for 2020 in Tokyo, were delayed by a year due to the global pandemic and were ultimately conducted with minimal spectator presence.

The Times of India Budget 2024-25: From longest to shortest speeches in India's budget history

Finance Minister Nirmala Sitharaman's budget speeches have varied in duration over the years, with her latest one for the fiscal year 2024-25 lasting 1 hour and 25 minutes. Her speeches reflect changes in India's economic priorities and practices, highlighting her significant role in shaping the country's fiscal policies.

The Times of India Om Birla's daughter moves HC against posts on dad's influence

Anjali Birla, who is an IRPS officer and the daughter of Lok Sabha Speaker Om Birla, has filed a defamation suit in the Delhi High Court. She seeks the removal of social media posts that falsely allege she passed UPSC exams on her first attempt due to her father's influence.

The Times of India Budget 2024: What are the new income tax slabs?

Latest income tax slabs FY 2024-25: What are the latest income tax slabs for FY 2024-25 post the Union Budget 2024 speech by Finance Minister Nirmala Sitharaman? What are the tax slabs and tax rates under the new income tax regime and the old income tax regime? Find out: