I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.
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A maximum deduction of 14% of the basic salary is allowed as a deduction from gross taxable income. The new tax regime also offers a lower surcharge of 25% on incomes above Rs 2 crore. The new tax ...
It enables the users to calculate taxes according to the provisions of the Income Tax Act, Income-tax rules, and relevant notifications. Updated in line with the income tax changes proposed in the ...
I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance ...
If the taxpayer's age is 80 years or more, then he/she will be considered a super-senior citizen, and income up to Rs 5 lakh will be exempt from tax in a financial year. Remember, the new tax regime ...
But Friedman had the idea of a negative income tax, which is approximately the same thing as a basic income ... everything they need to do over the course of their day. One of the terrible things that ...
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh under the new tax regime. This change will reduce tax liabilities for ...
Select Age Group: Select your age group. This is because tax liability as per the government rules is based on the age of the income taxpayer. Proceed to Next Step: Click on ‘Go to Next Step’. Enter ...
She has also raised the basic exemption limit under the new tax regime from Rs 3 lakh to Rs 4 lakh, besides rejigging the income tax slabs. Unlike tax rebate, these two moves will benefit ...
In its first hearing of the legislative session, the Assembly Education Committee took testimony Thursday on several ...