The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for ...

Those earning up to Rs 12 lakh annually won't have to pay any income tax under the new regime. Add to it the standard deduction of Rs 75,000 and taxpayers with up to Rs 12.75 lakh annual income ...

it is vital to compare the tax computation under both the tax regimes i.e., old and new. And you can opt for the regime which gives lower tax outgo. Introduced in 2020, the new tax regime was made ...

The introduction of the new tax regime (NTR) has changed the game ... than an annual chore tied to tax savings. Though a large percentage of Gen Z has embraced new-age financial investment ...

Section 80G, which provides deductions for donations, has been revised to clearly segregate deductions based on the percentage of ... I have opted for the New tax regime under the Income Tax ...

PIT collection as a share of GDP surged, new tax regime introduced, simplification exercise in new Income Tax Bill.

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

CHICAGO, IL / ACCESS Newswire / March 6, 2025 / Authored by Baker Tilly's Doug Baldessari The Inflation Reduction Act (IRA) has opened significant opportunities for municipal utilities to capitalize ...

Public Provident Fund, Sukanya Samriddhi Account and National Savings Certificates are some of the small-saving schemes ...

When foreign dividends or bond interest payments are made, the tax regime in question retains a certain level of withholding ...