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.
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.
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 ...
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.
The tax payers have pinned high hopes on the Union Budget FY 2025-26 documents and are keeping their fingers crossed regarding their expectations from the government's most important financial ...
Setting new benchmark for EVs in India? Watch Hyundai Tucson crash test video at Bharat NCAP. Five-star safety rating for the Korean SUV Mahindra Thar Roxx vs Tata Harrier: Which SUV is safer? Bharat ...
Raise Threshold For The 30% Income Tax Slab The current threshold for 30 per cent income ... These patterns suggest that the absence of deductions in the new tax regime is discouraging long-term ...
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 ...
Following the tax reforms in the country, United Bank for Africa (UBA) Plc is set to host a Knowledge Series webinar specifically dedicated towards informing and educating small and medium ...
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 ...
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 ...
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 ...