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Zero income tax: Investment in NPS, other deductions can get you more tax savings up to Rs 96,000; here's how - MSNNew tax slab 2025 impact: ... (AY 2021-22), features concessional tax rates with limited deductions and exemptions. Amendments to Section 115BAC were made in Budget 2023, ...
The standard deduction will go up to $15,000 for 2025 tax returns — up $400 from 2024 − for single taxpayers and married people filing separately.. The standard deduction climbs to $30,000 − ...
Personal income tax in India has always followed a progressive slab ... The New Tax Regime was first introduced by the government in the financial year 2020-21 (assessment year 2021-22).
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