The Union Budget of 2025: Finance Minister

by Publisher Meghinn -

 The Union Budget 2025 introduced several significant changes to the income tax laws in India. Here are some key highlights:

  1. Basic Exemption Limit: The basic exemption limit has been increased from ₹3 lakh to ₹4 lakh under the new tax regime. This means lower tax liability for all taxpayers.

  2. Income Tax Return (ITR) Filing: Filing an ITR will now be mandatory only if the gross taxable income exceeds the revised exemption threshold, except in specific cases.

  3. Revised Returns: The deadline for submitting revised returns has been extended from two years to four years.

  4. New Income Tax Bill: A new Income Tax bill will be introduced in Parliament next week, aiming to simplify the existing law and reduce litigation.

  5. Tax Slabs: The new tax slabs under the new regime are as follows:

    • ₹0 - ₹4 lakh: Nil

    • ₹4 lakh - ₹8 lakh: 5%

    • ₹8 lakh - ₹12 lakh: 10%

    • ₹12 lakh - ₹16 lakh: 15%

    • ₹16 lakh - ₹20 lakh: 20%

    • ₹20 lakh - ₹24 lakh: 25%

    • Above ₹24 lakh: 30%

These changes are designed to ease the tax burden on the middle class and simplify the tax filing process

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U Nongbam sap ba shykhei ha ka jylla

by Publisher Meghinn -
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  U James Sangma u hynmen trai u Chief Minister ka jylla Meghalaya jongngi u ba dei u nongmihkhmat na Dedenggre Constituency West Garo hill u long u kruin ka jaidbynriew bad ia ka jylla hi baroh kawei. Utei u nongmihkhmat na Garo hills u lah leh shibun ki kam jaboh hapoh kane ka sorkar ba la ialam da ka party NPP bad kiwei pat ki kynhun synrop. Kaba paw eh ka tnad sorkar kaba u bat bad bamsap ka dei ka Home ministry ne ka kam pohing bad ka DCA kaba u la pyrshang ban pyn kylla ia ka 6 schedule haduh ba na ka liang ki seng synrop ha ka sorkar ki la dawa ban weng noh katei ka tnad na u. Shuh shuh ka kam bamsap kaba la paw pylleiñ pylleiñ ha ing Dorbar thawaiñ ka Jylla halor ka jingkylli na u Adelbert bad haba u James u jabab lah Shem ia ki dor jong ki tiar ki tar ki bym shongnia shuh bad paw syndon ka jing bam sap ha ka por ba u bat ia ka tnad Power ne bording. Ha katei ka por la paw paidbah ruh ba ka jing upgrade ia ki tiar ki tar da ki phew Klur kam iahap kumba u pynpaw ha ing Dorba...
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by Publisher Meghinn -
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