On February 19, 2025, Rajasthan’s Deputy Chief Minister and Finance Minister, Diya Kumari, presented the state’s Budget for the financial year 2025-26. Major Highlights of Rajasthan Budget 2025-26: Economic & Infrastructure Development Target to double Rajasthan’s economy to $350 billion by 2030. Jaipur Metro Phase 2 to start soon, covering Ambabari to Sitapura with 21…
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Top Highlights of Budget 2025-26: • No Income Tax Payable Up to ₹12 Lakh – Under the new income tax regime, individuals earning up to ₹12 lakh will not have to pay income tax. • New Tax Slabs Introduced ₹0-4 lakh: Nil ₹4-8 lakh: 5% ₹8-12 lakh: 10% ₹12-16 lakh: 15% ₹16-20 lakh: 20% ₹20-24…
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Top Highlights of Budget 2024-25: Capital Gains Taxes: – Short-term gains: 20% on all financial assets. – Long-term gains: 12.5% on all assets. – Exemption on profits up to ₹1.25 lakh a year. Standard Deduction: – Increased from ₹50,000 to ₹75,000. Family Pension Deduction: – Increased from ₹15,000 to ₹25,000. New Income Tax…
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