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Hosted on MSNNew Tax Regime: There are 3 deductions available in the new tax regime, but people know about only one...The Government of India has introduced the New Tax Regime to simplify personal income tax. Out of the total 7.28 crore income ...
With 72% of taxpayers now opting for the New Tax Regime, it's important to understand the deductions available under this ...
It is important for the taxpayers to invest in tax-saving instruments prior to March 31 to be able to avail income tax ...
This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
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India Today on MSNNew tax regime: 3 deductions that can help taxpayers maximise savingsThough the new regime offered concessional tax rates, it reduced several popular deductions and exemptions, like HRA, LTA, ...
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
Old tax regime to continue along with new one, tax tabulation for FY25 to be done under existing Act
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...
For taxpayers without business income: Taxpayers without business income can simply select the Old Tax Regime while filing ...
Salary up to Rs 12.75 lakh is tax-free in the new tax regime. But if one takes benefits of allowances and NPS contribution, ...
Understanding how tax policies affect IP can help your company optimize its strategies and enhance the value of its IP ...
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