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Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
According to rules, salaried individuals can switch regimes annually, while business professionals can do so only once, and ...
Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...
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Salaried taxpayers alert: You can’t claim LTA under New Tax Regime; check detailsThe new tax regime from FY 2025-26 offers zero tax on incomes up to Rs 12 lakh, making it an attractive option for many.
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India Today on MSNIs LTA exempt under the New Tax Regime? What you should knowLeave Travel Allowance (LTA) is a common perk in many salary packages, yet with two tax regimes in place, people often ask if ...
Finance Minister Nirmala Sitharaman introduced new income tax regime changes in Budget 2025, featuring revised tax slabs for ...
In a move to aid retired citizens with their tax responsibilities, the Income Tax Department has published a detailed ...
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit, which varies ...
Despite performing relatively better than other provinces and showing steady improvement in revenue, Sindh’s own-source ...
The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...
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