In India, taxpayers can switch between old and new income tax regimes annually, but business income earners have limited ...
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Before filing your income tax return, it is vital to compare the tax computation under both the tax regimes i.e., old and new ...
If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.
March 7, 2025, is the deadline for depositing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for February ...
Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to ...
The government has given some relief to individual taxpayers by extending the time limit for filing updated Income Tax ...
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ITR Filing 2025: Will people with income less than 12 lakhs also have to pay tax or will they get an exemption? Know the right answer..In Budget 2025, the Finance Minister has given a big relief to the taxpayers by increasing the level of zero income tax ...
Bangladesh has witnessed a rise in online income tax return submissions, with the number of e-returns increasing by more than ...
The number of individuals filing income tax returns with income exceeding Rs 1 crore increased by 43% in FY25, driven by ...
Income tax return filing for AY 2025-26 starts on 1 April 2025. ITR forms vary by taxpayer category, income sources, and ...
For individuals below 60 years of age: The basic exemption limit is ₹2,50,000. For senior citizens (60 years or above but below 80 years): The exemption limit is ₹3,00,000. For super senior citizens ...
Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...
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