Households may also look for targeted relief at the lower end of the income spectrum. Under the new tax regime, the current rebate ensures that...
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Maroc - Times of India - Business - 30/Jan 15:00
Households may also look for targeted relief at the lower end of the income spectrum. Under the new tax regime, the current rebate ensures that individuals with income up to Rs 12 lakh face no tax liability. For salaried taxpayers, the Rs 75,000 standard deduction effectively extends this relief to those with gross income up to Rs 12.75 lakh.
Households may also look for targeted relief at the lower end of the income spectrum. Under the new tax regime, the current rebate ensures that...
In Budget 2025, the government increased the standard deduction under the new tax regime from Rs 50,000 to Rs 75,000, effectively pushing the tax-free...
In Budget 2025, the government increased the standard deduction under the new tax regime from Rs 50,000 to Rs 75,000, effectively pushing the tax-free...
Budget 2026 income tax expectations: Salaried taxpayers are looking at FM Nirmala Sitharaman to provide further relief under the new income tax...
Budget 2026 income tax expectations: Salaried taxpayers are looking at FM Nirmala Sitharaman to provide further relief under the new income tax...
Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While...
The choice between the old and the new income tax regime is an important one and every year, taxpayers carefully calculate the tax liability under...
The choice between the old and the new income tax regime is an important one and every year, taxpayers carefully calculate the tax liability under...