Want to save taxes while growing your wealth? Discover the best tax-saving investments like ELSS, NPS, PPF, and ULIPs.

No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...

If you opt for the standard mileage rate (67 cents per mile for tax year 2024), you calculate your deduction based on the ...

Here are the tax slabs, deductions, and rebates for the financial year 2024-25 or the assessment year 2025-26.

NSC and tax-saving FDs both offer tax benefits and assured returns with a 5-year lock-in. NSC provides higher interest rates ...

Tax-savers: Parents can individually claim tax deductions under section 80C on the tuition fee component in their children's ...

EPF and NPS are key retirement plans in India. Let's understand from experts which is a good option in the long-term for ...

Standard Deduction is a fixed amount that can be subtracted from the taxpayers' total income to bring down the amount of ...

under the new regime. This limit will be 12.75 lakh for salaried taxpayers, due to standard deduction of 75,000.” Vaibhav Jajoo, Advocate (CA), Dhruva Advisors LLP said, “From a direct tax perspective ...

The circular further states that for FY25, individuals with total income up to ₹7,00,000 (under the new regime ... covering aspects such as tax slab rates, deduction thresholds, and leave ...

New Tax Regime Calculations: In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come ... Salaried class individuals also get a standard ...

Increased NPS deduction: Employer NPS contributions up to 14 per cent of basic salary plus DA are tax-free under Section 80CCD(2) in the new tax regime (10 per cent in the old regime). EPF ...