It is to be noted that while the new regime provides a lower tax rate for specific tax slabs, the old tax regime has enough room for claiming deductions under Chapter VI-A against various ...
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How much can you save with maximum deductions under old income tax regime?What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...
New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit deductibility of executive compensation paid by ...
A delegation from BJP approached the Delhi Chief Electoral Officer, alleging threats from AAP workers. BJP claimed that AAP workers were using intimidation tactics to spread fear among BJP ...
When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...
For Thornhill comedian Jared Nathan, the obstacles never seemed to end. Even after the founder of Disability Privilege Productions found a comedy club willing to let him perform with his cognitive ...
Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...
A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...
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