Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam ...
Latest income tax slabs FY 2024-25: Finance Minister Nirmala Sitharaman has changed the income tax slabs effective FY 2024-25 ...
We find out what percentage of our income we pay as tax in the new tax regime. Take, for example, a salaried tax-payer with ...
India now offers two tax regimes for salaried employees: the new and the old. While the new regime promises simplified tax ...
Income Tax Slabs 2024-2025: Budget 2024, which was an Interim Budget, did not see any changes in the income tax slabs or income tax rates by Finance Minister Nirmala Sitharaman. If you as the ...
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However, the income tax rates and the existing tax slabs remained unaltered. The two factors that decide the basic exemption limit of an individual are age and residential status. Nirmala ...
The lowering of tax rates applies to four tax slabs within the income range of Rs. 5 lakhs to Rs. 15 lakhs. The tax rate for incomes between Rs. 5 lakh and Rs. 7.5 lakhs has been lowered from 20 ...
Income tax slabs have always been the most awaited section of the Budget. With the economy showing signs of recovering from the slowdown, speculations are rife if Jaitley will raise the slabs ...
The Income Tax Calculator is a simple-to-use tool that is designed for all registered as well as unregistered e-filing users. It enables the users to calculate taxes according to the provisions of ...