One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

New Income Tax Bill 2025 LIVE Updates: The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, for salary income of Rs 15 lakh you need to claim atleast Rs 5,93,750 as ...

However, during the year they make certain tax-deductible investments like contribution to provident fund, payment of medical insurance premium, etc., and at the time of filing the income tax ...

which coincides well with the EOF analysis in the upper 900 m mentioned above. Table 2 Contribution (%) of the first three baroclinic modes at different latitudes. In general, above analysis indicates ...

Below is a table comparing the income tax slabs of the new and ... A portion of HRA may be exempt from tax based on certain conditions. Provident Fund (PF) contributions are generally not taxable at ...

The reduction of EPF contribution rates for foreign workers from 12% to 2% raises serious concerns about their financial security and social protection, says a labour rights activist. Tenaganita ...