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Income Tax Rules: Income Tax Department issued a warning, now these people will have to pay a fine of Rs 10 lakh..Everyone has to pay tax according to the tax slab on a certain taxable income i.e. taxable income. The Income Tax Department ...
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, ...
National Pension System tax benefits; Employer contributions under Section 80 CCD (2) are eligible for tax deductions up to ...
In the new income tax regime, a salary of ₹14.65 lakh can result in zero tax liability through strategic deductions. Here is ...
The RBI bulletin pointed out that the government has given a Rs 1 lakh crore tax break to the middle class, which should ...
If you have a total cost-to-company (CTC) of Rs 14.65 lakh annually and you avail of provisions like NPS and EPF ...
According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...
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 ...
Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest ...
Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...
While it’s popular to complain that high-income earners don’t pay their “fair share,” the numbers suggest a different story.
In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect ...
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