Heading to a slab warehouse instead of shopping at a store can be intimidating, but, with these tips, you'll be sure to find ...
Vacancies of 21413 posts is open for GDS under India Post Recruitment 2025. Read this article to know about the recruitment ...
Standard deduction limit: Currently, the old tax regime offers a standard deduction of Rs. 50,000, while the new tax regime offers Rs. 75,000. There are expectations of a possible hike in these ...
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh ...
Budget 2025: Finance Minister Nirmala Sitharaman has announced new income tax slabs in the New Tax Regime, with income up to ₹12 lakh exempt from tax.(PTI) In her budget statement, Finance ...
This results in the entire taxable income being subject to the standard slab rates, which can lead to a sudden tax liability of Rs 62,000 for those earning Rs 12.76 lakh. Kamra adds ...
For salaried individuals who avail of the standard ... grade incomes such as capital gains. "To taxpayers up to Rs 12 Lakh of normal income other than special rate income such as capital gains, a tax ...
For salaries taxpayers, the exemption limit is Rs 12.75 lakh with standard deduction of Rs 75,000. Additionally, the Finance Minister announced a revised set of tax slabs and rates under the new tax ...
The new revised tax slabs are as follows: This would result in a tax liability of Rs 71,500. However, since you can claim a standard deduction of Rs 75,000, your tax liability would effectively become ...
The salaried class will be shielded from paying income tax up to Rs 12 lakh per annum. The relief is enhanced effectively up to Rs 12.75 lakh when the standard deduction is considered. So what is this ...
This significant national financial blueprint outlines key economic policies, reforms, and allocations that will shape India's growth trajectory.
This budget is highly anticipated, with particular focus on potential changes to income tax structures and standard deductions ... 10 lakh and simplifying tax slabs to enhance disposable incomes.