Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
The new tax regime in India offers higher take-home salaries and lower average tax rates compared to the old regime for incomes between ₹1 crore and ₹10 crore, making it a more appealing choice for ...
Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...
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The new tax regime starting April 1, 2025, could offer tax savings compared to the old regime, reducing liabilities by up to ...
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Newspoint on MSNComparison of New and Old Income Tax Regimes: Tax Calculation for Salaries Up to ₹10 CroreNew vs. Old Tax Regime Many high-income earners frequently ask about the tax implications on salaries ranging from ₹1 crore ...
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...
For business and professional taxpayers, switching tax regimes is more restricted. Once they opt for the new tax regime, they ...
Recently turning 26 years old, his legs still make him a headache for defense. There were times when the Steelers were in 3rd & 7+ and they kept the chains moving simply because of Fields legs.
One of the most valuable deductions available under the Old Tax Regime is Section 80C, which allows taxpayers to claim ...
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