This adjustment would result in an additional 5% of income retained by the ... will fuel economic growth." Under the new tax regime, individuals earning up to Rs 12 lakh annually will be exempt ...
Senior Citizen Tax Relief: Exemption limit may rise to Rs 5 lakh, Zero tax on income up to Rs 10 lakh ... changes to the Old Tax Regime ever since the New Tax Regime was announced in the Union ...
Prominent influencers like YouTuber Nalini Unagar and Shaadi.com founder Anupam Mittal have raised concerns over the ...
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased ... compared to the revised estimate of ₹12.5 lakh crore for financial year ...
Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...
Currently, the tax benefits for NPS are available under the old tax regime. Investors can contribute up to Rs 1.5 lakh under Section 80CCE ... Will the NPS Deduction Under Section 80CCD(1B) Be ...
In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no ...
The Finance (No.2) Act, 2024 had the following slabs in the new tax regime for person, being an individual or Hindu undivided ...
No Section 87A tax rebate on special rate incomes like short term capital gains, long term capital gains, and others, said Budget 2025. Experts say Section 87A tax rebate on special rate income is ...
2don MSN
The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...
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