All posts tagged "Income tax"
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386ITRIncluding Income Tax exemptions and deductions in New Regime will make it old wine in a new bottle
Simplicity is one of the cardinal principles of taxation. Over the decades, the income tax law has become one of the longest...
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673ITRNPS, health insurance, home loan and other income tax saving options other than Section 80C
The largest deduction from a person’s earnings is the income tax. However, the government offers several opportunities to invest in various schemes...
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595ITRNew Income Tax Slabs for Super Senior Citizens 2023-24: Which rate will apply for ITR now?
Income Tax Slab 2023-24 for Super Senior Citizens: In Budget 2023-24, Finance Minister Nirmala Sitharaman proposed new income tax slabs and rates...
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360BUSINESS50k-70k senior citizens may opt for ₹30 lakh deposit scheme
NEW DELHI: The government expects as much as 10% of the seven lakh senior citizens, who are using the full benefit of...
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493EPFONew PF withdrawal rule: PAN card holders must do this when filing income tax returns
The Union Budget presented by Finance Minister Nirmala Sitharaman suggests lowering the TDS (tax deducted at source) rate for EPF withdrawals made...
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588FINANCENew Income Tax Regime or Old Tax Regime? ChatGPT Suggests This
ChatGPT Response On Income Tax Regimes: Here’s what OpenAI’s artificial intelligence tool ChatGPT says when asked about which tax regime to choose...
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425BUSINESSShould you move to the new Income Tax regime? Experts explain the pros and cons
The simplified personal tax regime or the New Tax Regime (NTR) was introduced with effect from the financial year 2020-21. While the...
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535BUSINESS
Income tax 2023: Know how to save income tax on salary under new tax regime
The union budget for 2023 has been presented on February 1 by Finance Minister Nirmala Sitharaman, an increase in the income tax...
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606ITRIncome Tax Rule 2023: Did New Slabs Confuse You Regarding ZERO Tax on Income up to Rs 7 Lakh? Check This Tax Computation
In order to address the confusion amongst people on the proposed slab rates of the new tax regime and also how Rs...
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557FINANCENew income tax regime: How Re 1 can cost you ₹25,000 — explained
New income tax regime: After simplification of the new income tax slab and extending Section 87A benefit from ₹12,500 to ₹25,000 in both new and...
