The muni industry is trying to get to the bottom of questions around how the House arrived at savings estimates for ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...
Kansas lawmakers introduce a proposal to end tax on tips, mirroring a campaign promise of President Donald Trump.
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The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
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Newspoint on MSNTax Tips: Tax exemption on income of ₹ 12 lakh is a rebate and not an exemption, what is the difference between the two?The central government has given a big relief to the employed citizens in this year's budget. Income up to Rs 12 lakh has ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
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