ITR filing 2025: Choosing between new and old tax regimes? Here’s what you need to know
For business and professional taxpayers, switching tax regimes is more restricted. Once they opt for the new tax regime, they ...
Tax Guru1 小时
293% increase in Personal Income Tax Collection collections since FY 2014-15
The personal income tax (PIT) collection over the last ten years shows a steady increase, rising from ₹2.65 lakh crores in FY 2014-15 to ₹10.45 lakh crores in FY 2023-24, with its percentage to GDP ...
Income tax saving: How paying health insurance premium can help you save tax under section ...
If you pay health insurance premiums for your parents, you can claim an additional tax deduction of Rs 25,000 if they are ...
Indiatimes1 小时
Income Tax Calculator FY 2024-25
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 ...