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Hosted on MSNTax Tips: Has the old tax regime become useless in front of the new one? No, the old is still better for these people..Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...
Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...
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Newspoint on MSNTax Regime: How much tax can be saved in the old regime, taxpayers should know this important thing..Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
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 ...
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 ...
Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
“Higher-income individuals also benefit. For instance, a taxpayer with Rs 16 lakh income will now save Rs 50,000 annually.
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...
Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary ...
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