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With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...
The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...
With the enactment of Finance Bill 2025 and the notification of Finance Act 2025, significant changes in Income Tax regulations will be implemented, which are effective from April 1, 2025.
Tax Deducted at Source (TDS) is a vital compliance mechanism under the Indian Income Tax Act, 1961. It ensures the steady inflow of revenue to the government and brings more people into the tax net.
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...
Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to individual taxpayers to choose between the old and new tax regimes ...
Filing your Income Tax Return (ITR) in 2025? If you're wondering whether you can shift between the new and old tax regimes, you're not alone. The ability to switch depends on your source of income ...
Under the proposed new tax regime, income up to Rs 12 lakh for non-salaried class individuals and income up to Rs 12.75 lakh for salaried-class individuals are tax-free. But what if you are a salaried ...