Union Budget 2025-26 to introduce a new 25% income tax slab for income between Rs 15 lakh and Rs 20 lakh?

Union Budget 2025-26 to introduce a new 25% income tax slab for income between Rs 15 lakh and Rs 20 lakh?

Orderbook
Timeline
Overview
About the event
Source of Truth
Official reports and announcements by Central government
Trading started on
28 Jan, 2025
Event expires on
01 Feb, 2025
Event Overview & Statistics
Budget Estimates 2024-25: Total receipts other than borrowings: `32.07 lakh crore. Total expenditure: `48.21 lakh crore. Net tax receipt: `25.83 lakh crore. Fiscal deficit: 4.9 per cent of GDP. Government aims to reach a deficit below 4.5 per cent next year. Inflation continues ...Read More
Rules
TIME- The event will be expired on 01st February 2025, or earlier as per the budget dates. Events will be extended if there is any change in the dates of the budget announcements. SETTLEMENT- The event will be settled within 48 hours of expiry. RULES: The event will be closed at ...Read More