With the Budget scheduled to be released on Feb 1, 2025 and the new tax regime being the focus of the government, major ...

7,00,000 5% (Tax Rebate u/s 87A up to Rs 7 lakh) Rs. 7,00,001 ... However, a taxpayer can choose any tax regime while filing ITR. The option of choosing any tax regime while filing ITR is available if ...

Also read ITR-1: Key Differences between the Old and New Tax Regime ... 7 lakhs under the new tax regime. Notably, the Section 87A rebate applies under the old and new income tax regimes, ensuring ...

For “non-business cases," taxpayers can elect their preferred tax regime each year by selecting the option in their Income ...

While such gifts are legally exempt from tax under certain conditions, the lack of a designated reporting section in income tax return (ITR) forms has created confusion and led to unnecessary ...

Although inflation declined last year and probably will continue to in the first half of this year, it probably will come back, said Connor Lokar, senior forecaster at ITR Economics. He was the ...

Federal Workers Told to Inform on Colleagues Trying to Evade D.E.I. Crackdown Justice Department orders a halt to civil rights work. Budget nominee hints at work requirements for Medicaid. Local ...

One in 12 children globally faces online sexual abuse: Lancet study Approximately one in 12 children worldwide experienced online sexual abuse in the past year, according to a study published in ...

Ukrainian forces described a different kind of enemy, fighting with unfamiliar tactics and little option to retreat. By Marc Santora and Helene Cooper Rupert Murdoch’s News Group Newspapers ...

The USDA’s National Institute of Food and Agriculture (NIFA) is investing $14 million to support food safety research, outreach and workforce training. The investment will fund research and ...

Jan. 10, 2025 — More than half of 23-year-olds in a European study show restrictive, emotional or uncontrolled eating behaviors, according to new research. ... Climate Fee on Food Could ...