Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

Finances 2025: Taxpayers with earnings of as much as Rs 13.25 lakh, not Rs 12 lakh, pays nil taxes. Right here’s how

By claiming two deductions, a person with a gross wage of Rs 13,25,000 can deliver their web taxable earnings right down to Rs 12 lakh, making them eligible for the complete tax rebate beneath Part 87A learn extra In her Finances 2025 presentation speech on the Parliament on Saturday (February 1), Finance Minister Nirmala Sitharaman…

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Finances 2025: Did PM Narendra Modi trace at revenue tax aid for the center class?

Finances 2025: Did PM Narendra Modi trace at revenue tax aid for the center class?

Finances 2025 expectations: PM Modi’s point out of the center class a day forward of the Union Finances speech has left everybody questioning… Finances 2025 expectations: Prime Minister Narendra Modi addressed the media in the beginning of Parliament’s Finances session right now. Finance Minister Nirmala Sitharaman will current the Union Finances 2025 on February 1,…

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Price range 2025 earnings tax: Why normal deduction must be hiked beneath new tax regime

Price range 2025 earnings tax: Why normal deduction must be hiked beneath new tax regime

Price range 2025 earnings tax: With the brand new earnings tax regime being the default tax regime, taxpayers are searching for a rise in normal deduction. (AI picture) Price range 2025 earnings tax expectations: With Finance Minister Nirmala Sitharaman set to ship the Union Price range 2025 speech on February 1, 2025, salaried and center…

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From NPS Vatsalya to greater commonplace deduction, 5 cash guidelines that modified in 2024 – Firstpost

From NPS Vatsalya to greater commonplace deduction, 5 cash guidelines that modified in 2024 – Firstpost

Other than introducing modifications to the Nationwide pension scheme and provding tax reduction beneath the ’new tax regime’, the federal government additionally overhauled the capital beneficial properties taxation system, tightened TDS on property sale, and raised IMPS cash switch restrict learn extra The 12 months 2024 was fairly eventful in India by way of what…

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