New TDS, TCS rules 2025: Key changes impacting income taxpayers starting April 1. All you need to know
One of the key changes is the increase in TCS on foreign remittances under the Liberalized Remittance Scheme (LRS), which has ...
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Income Tax Deduction: 7 Types of Deductions Available in the New Tax System
The new tax regime, introduced in 2020 and made the default system in 2023, has often been perceived as offering fewer ...
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Comparative Analysis of Old Tax Regime and New Tax Regime
The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...