The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...
Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
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 ...
Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...
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