Tag: deductions
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income – here’s why – The Times of India-OxBig...
Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax...
Can India transition to a single income tax rate?
Inspired by developed nations, this...
How to maximise your income tax savings? Key deductions under the old tax regime explained | Mint
If you’ve opted for the old income tax regime and are looking to make tax-saving investments, it’s essential first to determine the required investment...
Income Tax: These deductions and exemptions are allowed only under old tax regime | Mint
In the financial year 2023-24, the new tax regime became the default regime. This regime's tax rates are lower than those of the old...
Pre-budget outlook: How to make new tax regime attractive, simplify compliance
A press release issued on...