Old Tax Regime slabs vs New Tax Regime slabs for senior citizens: Income Tax return filing is a mandatory exercise for all Indian citizens, salaried, non-salaried, senior citizens. According to ...
Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...
The new income tax regime’s revised tax slabs introduce rates ranging from 5% to 30%, with incremental increases across ...
New Tax Regime Vs Old Tax Regime: Selecting the most tax-efficient income tax regime, either the old or new, can be a ...
Yesterday, the Government announced that the CGT rates for carried interest arising on or after 6 April 2025 will increase to 32%, in line with the ...
Introducing the new tax regime is a notable development in this regard. The new tax regime aims to simplify income tax for individual taxpayers by offering lower tax rates in exchange for ...
Over 8 crore ITRs have been filed for FY24, with 74% of taxpayers opting for the new tax regime. Learn more about the new tax ...
With the last date to file your IT returns inching closer every passing day, it's time you choose your income tax regime-whether you want to opt for the old one or go for the new regime.
I plan to opt for the new tax regime when filing my ITR for AY 2025-26. Currently, I am on the old tax regime, so the 12% of ...
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...
On Wednesday 30 October 2024, the UK government announced changes to the UK taxation of carried interest as part of the 2024 ...
More than 8 crore income tax returns for the assessment year 2024-25 have been filed this year, with 74% of taxpayers opting ...