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Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...
These are some of the factors which should weigh on your decision of choosing one regime over another – be it old or new tax ...
The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...
NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025 ...
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Salaried taxpayers alert: You can’t claim LTA under New Tax Regime; check detailsThe new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
The new regime offers lower tax rates, but does not allow most tax deductions. On the other hand, the old regime permits ...
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The Central Board of Direct Taxes (CBDT) has rolled out comprehensive guidelines offering tax benefits to retired individuals ...
Taxpayers having business income are now required to provide the previous year’s details if they wish to opt out of the new ...
The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...
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India Today on MSNIs LTA exempt under the New Tax Regime? What you should knowLeave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...
Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...
Choosing between the old and new tax regimes depends on factors like home loan deductions, income level, and personal financial goals, with the old regime benefiting those with high deductions and the ...
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