The 10% tax slab previously applicable for income between ... basic exemption limit under the new tax regime has been increased to Rs 4 lakh from Rs 3 lakh. The basic exemption limit for the old ...
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...
Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
With the difference in tax rates growing between the two tax regimes, there are now fewer people who would go for the old tax regime now. Although the new tax regime offers concessional tax rates ...
One common dilemma they face is whether to continue with the Old Tax Regime ... modifications to the new tax regime, such as the exemption of up to Rs 4 lakh from basic tax. With the recent ...
While both the old and new regimes have ... for in the old tax regime. The breakeven point is the amount at which there will be no difference in tax liability between the two tax regimes.
Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...
Whether you’re a salaried professional or a self-employed individual, making the right choice between ... the new regime’s broader zero-tax threshold could be advantageous. Is there a standard ...
She's going to have good arms!' I was ten years old and standing in my parents' bathroom when I heard my mother say this.
A visit to resistance-held Karen State reveals the impact of four years of war, and the determination of ordinary citizens to ...