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As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are ...
Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...
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India Today on MSNWanting to switch tax regime? Here's how to do it while filing ITRIf you’re a salaried employee with no business or professional income, you have the flexibility to choose the tax regime every year.
Taxpayers always seek new ways to save tax. Whether they follow the old tax regime or the new, for the income earned in the ...
New Tax Regime (FY 2024-25) The new tax regime for FY 2024-25 gives a rebate under Section 87A, so if your income doesn't cross Rs 7 lakh, you won't have to pay any tax. The revised tax slabs are ...
Learn how to file ITR 1 Sahaj online for FY 2024-25 under India’s New Tax Regime. A simplified stepwise guide covering ...
Senior citizens can maximise tax savings in FY 2024-25 through key income tax provisions like Section 80TTB under the old tax ...
Paying 0 income tax on a Rs 15 lakh annual salary may be a dream for many even though the new tax regime for the financial ...
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India Today on MSNITR filing: Who qualifies for zero income tax?Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you ...
Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is necessary to calculate their tax liability. This is because the income tax slabs ...
Before filing your ITR, know how the removal of 80TTA exemption under the new tax regime could cost you tax even on small ...
Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on the type of income.
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