Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
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Hosted on MSNTax Tips: Has the old tax regime become useless in front of the new one? No, the old is still better for these people..Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...
The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...
About 74 per cent of the people have already adopted the new tax regime. I am sure that with ... it again comes back in some form through taxes. So, basically, it is an integrated sort of exercise ...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1, introducing a series of tax reforms, aimed at fostering economic growth, simplifying tax compliance, and ...
Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...
Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...
India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...
How to Opt for Old Tax Regime Currently, a taxpayer with income from a business or profession is required to file Form 10IE to opt for the new tax regime. This form was introduced in October 2020.
She also spoke about the benefits of the New Tax Regime and the government’s capex plans. Edited excerpts: The new Income Tax Bill will come next week. Will that be in the form of a draft and will you ...
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