Budget 2025: Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they continue to be taxed at 30% rate with applicable surcharge and cess.

The new tax regime offers five income tax slabs to taxpayers. The highest income tax rate of 30% is applicable if the net taxable income exceeds Rs 15 lakh. The new tax regime offers a tax rebate of ...

The Income Tax Calculator is a simple-to-use tool that is designed for all registered as well as unregistered e-filing users. It enables the users to calculate taxes according to the provisions of the ...

Or, if you’re really committed to paying less in taxes, you could move. In nine states, income isn’t taxed — allowing residents to hold onto more of their hard-earned dollars. For retirees, this means ...

Presumptive taxation scheme is a provision introduced within the Income Tax Act for providing relief to small taxpayers. For the purpose of the scheme, a small taxpayer is one whose turnover is less ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

The Income Tax Act, 1961's old tax regime provides various tax exemptions and deductions. (AI image) Income Tax Filing FY 2024-25: Employers are currently requesting salaried employees to provide ...

Income Tax Budget 2025 Explained: Finance Minister Nirmala Sitharaman has raised the limit of income tax rebate from Rs 7 lakh to Rs 12 lakh, which essentially means that if an individual has an ...

The regime favours younger taxpayers by increasing disposable income. Budget 2025: Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax ...

Presumptive taxation is a concept introduced in the Income Tax Act for providing relief to taxpayers whose turnover is less than two crore rupees. The word "presumptive" is defined in the dictionary ...

Income tax slab for AY 2025-26::Money experts say that depending on your situation, the old tax regime could be more advantageous if you take advantage of many deductions and exemptions.( ...

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