The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old regime's appeal despite deductions. Choosing the old regime makes sense ...

Under the old tax regime, maximum rebate that one can claim is ₹12,500 – which can be claimed by the taxpayers earning upto ₹5 lakh. The government's inclination, if not intent, towards the ...

Capital gains income however falls under the taxable income. Check the latest slabs of income tax and rates under the new tax regime for those earning above Rs 12 lakh. The adjustment in income ...

Hailed by Variety as “a superb historical drama about the Far-Right’s threatto democracy, the movie “Quisling: The Final Days” helmed by Norway’s top filmmaker Erik Poppe, impressed ...

Old Tax Regime vs New Tax Regime: The Finance Act 2024 has amended Section 115BAC, effective from AY 2024-25, designating the new tax regime as the default for individuals, HUF, AOP (excluding ...

Before proceeding further, let us first understand the tax exemptions which are allowed under the old regime but not in the new tax regime. Although there are a few exemptions that are given under ...

The new tax regime offers lower tax rates and simplifies the tax process. But it does not provide the same range of exemptions and deductions ...

With a higher tax-free threshold and lower rates, the new tax regime looks more appealing, but does the old regime still hold any advantages? Listen to Story New tax regime now offers zero tax up to ...

(Iran burns oil instead, and has some of the world’s most polluted cities.) The regime’s ongoing attempts to reimpose draconian social rules and censorship laws have reenergized the ...