Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...
During the Union Budget 2025 presentation, sweeping changes to the nation’s tax structure were announced. The revised regime ...
No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...
the new regime typically offers a higher take-home pay. The comparison between the new and old regimes for different salary levels shows variations in tax liability and in-hand income.
The proposed new tax regime will be implemented from April 1, 2025. An income up to Rs 12,75,000 will be tax-free for ...
With just a few weeks to go before the end of the tax year on 5 April, what are the financial planning aspects to consider ...
South Africans living in the UK face significant tax changes from April 2025, as the non-domiciled tax regime is abolished.
In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...
An individual who has opted for the new tax regime can switch back to the old tax regime under certain conditions. Individuals without business income have the flexibility to switch between the ...
PIT collection as a share of GDP surged, new tax regime introduced, simplification exercise in new Income Tax Bill.
He said the changes would apply to migrants who became New Zealand tax residents on or after April ... Inland Revenue consulting on the FIF regime, and comes as the country hosts an investment ...