TaxUpdates Archives - Universal Group Of Institutions

03Feb 2025

UGI USER
Budget2025 FinancialPlanning IncomeTax IndiaBudget NilTaxSlab PersonalFinance TaxExemption TaxSlab TaxUpdates
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Nil Tax Slab Increased to ₹12 Lakh Limit

Why in the news? The Union Budget 2025 raised the Nil Tax Slab to ₹12 lakh, offering tax-free income up to ₹12.75 lakh for salaried individuals, along with new tax slabs to reduce the financial burden on taxpayers. Key Highlights: Finance Minister Nirmala Sitharaman presented the first full-fledged budget of the NDA government’s third term …

01Jan 2025

UGI USER
FinanceNews IncomeTax IndianEconomy TaxDisputeResolution TaxpayerRelief TaxUpdates VivadSeVishwas
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Income Tax Extends ‘Vivad Se Vishwas’ Deadline

Why in the news? The Income Tax Department has extended the Vivad Se Vishwas scheme deadline to January 31, 2025, allowing taxpayers more time to settle tax disputes and avoid penalties under the scheme. Income Tax Department Extends ‘Vivad Se Vishwas’ Scheme Deadline: Extension of Deadline: The Income Tax Department has extended the deadline for …

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Nil Tax Slab Increased to ₹12 Lakh Limit

Income Tax Extends ‘Vivad Se Vishwas’ Deadline