<![CDATA[Tractor Junction News | Latest Tractor News, Agriculture News]]> https://static-asset.tractorjunction.com/tj/TJ_LOGO_en.svg <![CDATA[Tractor Junction News | Latest Tractor News, Agriculture News]]> en-US Sat, 01 Feb 2025 14:20:00 +0530 <![CDATA[Income Tax Budget 2025 Live Updates: No Payable Tax for Income Up to Rs 12 Lakh, Announces FM Sitharaman]]> https://www.tractorjunction.com/banking-news/budget-2025-no-tax-on-income-up-to-12-lakh-announces-fm-sitharaman/
FM Nirmala Sitharaman, in Budget 2025, announced major tax reforms including exemption from income tax for those earning up to ₹12 lakh, providing significant relief to the middle class. Additionally, the annual TDS limit for rent payments has been increased from ₹2.40 lakh to ₹6 lakh, benefiting small taxpayers with lower incomes.
]]> https://www.tractorjunction.com/banking-news/budget-2025-no-tax-on-income-up-to-12-lakh-announces-fm-sitharaman/ Sat, 01 Feb 2025 14:20:00 +0530 Banking