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Income Tax Old Regime vs New Regime All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.

Government to introduce a new tax regime where people will be taxed based on the salary they tell their relatives #income_Tax

🚨 Tax Saving Alert: Only 2 Months Left! 🚨 Hi there! 👋 Here’s a quick guide to help you maximize your savings: 🔹 80C - Save up to ₹1.5L PPF, ELSS (higher returns), NSC, LIC, Tax-Saving FDs (5 yrs). 🔹 80D - Health is Wealth Save ₹25K (self/fami

If you're an employee, you've got an in-hand salary hike today! This is because of Nirmala Sitharaman's tax cut for the new regime. April 2025 is the first month you see it in action. Your company would've cut lower TDS in accordance with the new sl

Key Things To do Before 31st March 2024 1 Invest in Tax Saving options Those who have opted for old tax regime must invest in tax saving options like ELSS MFs, Tax saver FDs, Life Insuarnace, PPF etc to claim deductions u/s 80C of the income ta

How to Calculate Employee Cost to Company (CTC) & Understand In-Hand Salary. 🤔 1️⃣ Cost to Company (CTC): CTC represents the total amount a company spends on an employee annually. It includes: + Basic Salary + Dearness Allowance (DA) + House Rent

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically redu

How to save tax as a Corporate Employee in India in 2025: My Top 5 Tips! 💡💰 1) Know your exemptions!  Yes, certain allowances like HRA (House Rent Allowance) are tax-free under specific conditions. If you're paying rent, don’t forget to claim this

I won’t waste time on old tax regime for two reasons: -> 70%+ income taxpayers had already switched from it by the end of FY24 -> With what’s announced today, it’s anyway dead. One would have to be a fool to stick with it So, what about the News T

💸25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modi’s government in its third term, a