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Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
It came a day after a previous ruling temporarily blocked many of the administration's sweeping trade tariffs.
Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...
On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...
On May 12, 2025, the House Ways & Means Committee released legislative text for a new code section 899 designed to impose retaliatory tax ...
By using certain tax benefits available under Indian law, you could save up to Rs 5 lakh every year on your taxable income. This article explains how you can make the most of these savings when buying ...
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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 ...
India's crypto sector is ramping up lobbying attempts to reduce the oppressive taxes that have stifled domestic trade for ...
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 ...
The new regime is a declining tax rate regime ... “Nothing is certain except death and taxes.”1 In India, there is no dispute on the mandate of the sovereign to raise taxes but much debate on whom to ...
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