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New income tax regime: Check revised tax rates, slabs, and will you benefit?
Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
MarketWatch12d
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...
Indiatimes13d
PayPal agrees to pay $2 million to settle for this data breach
and individual tax identification numbers of PayPal customers. What DFS said about PayPal breach New York's DFS announcement also provided further details about the breach, highlighting that one ...
Indiatimes14d
Income tax relief? Govt looks to raise threshold, restructure slabs
The government is considering raising the standard deduction and adjusting income tax slabs ... the new tax regime without additional exemptions to avoid complexities resembling the old system.
Business Line16d
Some exemptions likely in new income tax regime, inflation adjusted income tax slabs possible: Rakesh Nangia
Latest data shows almost 3 out of 4 assesses are moving to the New Income Tax regime even when it gives no exemption. How do you read this trend? Also, can we expect some changes in the old as ...
India Today17d
New income tax regime has better tax rates, but what's missing?
Hence, tax reliefs in the upcoming budget seems the best way to ensure it. Listen to Story Experts urge tax cuts to boost consumption and GDP Potential revisions in tax slabs ... of the new tax regime ...
CNN-News1817d
Budget 2025: Revised Income Tax Slabs, Higher Standard Deduction, Section 80C Limit Increase – Know Key Expectations
Currently, salaried employees and pensioners enjoy a standard deduction of ₹50,000 under the old tax regime and ₹75,000 ... The government may consider further tweaks to the income tax slabs under the ...
news24online17d
Union Budget 2025: Rs 10 Lakh Income May Soon Be Tax-Free, New Slab at 25% Expected
The present Income Tax slab begins with 5% for income of Rs 2.5 lakh to 3 lakh per annum in the old tax regime and is completely exempt in the new tax regime. In the old tax regime, the highest Income ...
Goodreturns18d
Republic Day: 7 Tax Reliefs Likely In Budget 2025 For Financial Freedom; New Or Old Tax Slabs, Which Is Better
tax slabs and rates are different in old and new tax regimes. Various deductions and exemptions are allowed in the Old tax regime. The new regime offers lower rates of taxes but permits limited ...
moneycontrol.com18d
MC-Deloitte CEO survey: Over 44% CEOs want Budget 2025 to reduce income tax slab rates in both old and new regimes
The chorus to reduce income tax slab rates in the upcoming ... account from 10 percent to 14 percent under the new tax regime. The tax break under the old tax regime remains unchanged at 10 ...
Goodreturns18d
Budget 2025 Expectations: What’s In Store For Taxpayers Under The New Tax Regime?
The following rationalized tax slab structure combines the flexibility of the Old Regime's deductions with the concessional rates of the New Regime, as per CA (Dr.) Suresh Surana. Introducing ...