The quantum of maximum rebate under Section 87A is ₹12,500. So, in case the total tax before cess is less than ₹12,500 for an ...
At present, small tax-payers with special rate income such as short-term capital gains are unable to claim the rebate under section 87A, even if their income is below the basic exemption limit, as the ...
India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...
Budget, FM Sitharaman implemented various modifications to the capital gains framework, tax deducted at source (TDS), and ...
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Income Tax Saving Tips: If you want to save income tax on a salary up to Rs 15 lakh, these are the best options...If your salary is 15 lakhs and you do not want to pay income tax, then this news can prove to be useful for you. There are ...
Any violation of the above limit attracts heavy penalty. “The penal consequences of violating the mandate above is imposition ...
Indian diamond trade's promotion of natural diamonds in China, in collaboration with Chow Tai Fook and De Beers, has not boosted sales. Diamond consumption has dropped since the COVID-19 pandemic. The ...
The Roman Empire lowered IQ levels across Europe according to a new study, due to the vast quantities of lead pollution churned out by the booming metals industry. Researchers have said the massive ...
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