Let’s assume you win a lottery prize of INR 1 crore. Here’s how taxation affects your actual take-home amount: For winnings above INR 1 crore, a surcharge of 15% is levied on the tax amount, further ...

That echoes well with the pro-growth sentiments at the reconstituted monetary policy committee (MPC) headed by the new ...

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Most of us aim to secure our family’s future while also growing our savings. Usually, this means buying insurance and ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

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