Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
Key structural changes, such as adjustments to tax slabs, a rationalisation of deductions, and other incentives to spur ...
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old, new and proposal newer income tax slabs.
if an employee opts for the new tax regime, the deduction of 14% of salary will apply uniformly, regardless of the employer type,” says Surana. Exemption on Withdrawal from NPS Section 10(12A), 10(12B ...
In FY 2023-24, the new tax regime became a default regime. This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National ...
Established in 1919, the Algonquin Round Table included about a dozen influencers who lunched regularly at The Algonquin Hotel. The famous literary circle would opine on everything happening in ...
but the new approach, if implemented, would encourage states to contribute more to the national revenue pool. He pointed out that the main intent of VAT as a consumption tax is not to deprive any ...
BENIN CITY – THE Benin Zone of the Academic Staff Union of Universities (ASUU) has said that if the tax reform bill presently in the National Assembly is passed as presented by the Executive arm ...
Nigerian governors have expressed their support for the tax reform bills initiated by the federal government, proposing a new sharing formula for value-added tax, VAT. This is coming after meeting ...
IN the past several days, the writing on the wall for the Marcos-Romualdez regime has clearly appeared: It is a moribund government that is merely waiting for the family's history of being forcibly ...
Spanish Prime Minister Pedro Sanchez said the “unprecedented” new tax was needed to solve the country’s housing crisis. In recent years, rents have skyrocketed in Airbnb-dominated cities ...