The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...
As Ghana anticipates the presentation of the 2025 budget, Economist Professor Godfred Bokpin has called on the government to ...
Make use of the new tax regime benefits. The Budget 2025 raised the income tax exemption limit to ₹1.2 million, giving ...
On February 13, the House Budget Committee, voting 21-16 along party lines (Republicans in favor and Democrats opposed), passed a 2025 ...
Latest income tax calculation post Budget 2025: Starting April 1, 2025, individuals earning up to Rs 12 lakh under the new ...
Finance Minister Nirmala Sitharaman had announced in the 2025-26 Budget that the new tax ... annually won't have to pay any income tax under the new regime. Add to it the standard deduction ...
Salaried taxpayers with non-business income can switch between tax regimes yearly. Those with business income who opt out of ...
The proposed new tax regime will be implemented from April 1, 2025. An income up to Rs 12,75,000 will be tax-free for ...
MUMBAI: The new slab rates and exemption threshold introduced in the Union Budget 2025-26 under the new tax regime marked the beginning of a new chapter for the Indian middle-class taxpayer.
During her speech, the Finance Minister announced that individuals earning up to Rs 12 lakh will be exempt from paying taxes. Taking into account the standard deduction of Rs 75,000, the effective tax ...
As per the proposals made in Budget 2025, the taxpayer can easily claim both houses as self-occupied and will not be required ...
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Standard Deduction is a fixed amount that can be subtracted from the taxpayers' total income to bring down the amount of ...
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