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 ...
IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration ...
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 ...
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 ...
Kansas lawmakers introduce a proposal to end tax on tips, mirroring a campaign promise of President Donald Trump.
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Income Tax: Now how much tax exemption will be available on the income from FD, the government has fixed the new limit..Union Finance Minister Nirmala Sitharaman presented the budget for the financial year 2025-26 on Saturday. This is the first ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
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Budget 2025: Will government raise basic exemption limit and cut income tax?With inflation and the rising cost of living affecting household budgets, many are expecting the government to introduce ...
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In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
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