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The income tax slab rates for FY 2024-25 (AY 2025-26) as per the provided chart are:
This slab structure reflects the new tax regime, encouraging taxpayers with reduced tax rates and the benefit of a rebate for incomes up to INR 7 lakh.
Concept of "date of set-up" for determining the allowability of expenses u/s 37 of the Income-tax Act, 1961, The date… Read More
FIU-IND Guidelines on Qualification & Responsibilities of Principal Officers for Virtual Digital Asset Service Providers The Financial Intelligence Unit-India has… Read More
Tax Dept allows to access various digital platforms during investigations The proposed Income Tax Bill, 2025, introduces significant changes aimed… Read More
Income Tax Bill 2025: Concept of Indian citizen-deemed residency Meaning of deemed residency: The introduction of a new Resident but… Read More
PVC raincoats 𝘁𝗼 𝗔𝘁𝘁𝗿𝗮𝗰𝘁 𝟭𝟴 percentage 𝗚𝗦𝗧 – West Bengal 𝗔𝗔𝗥 𝗥𝘂𝗹𝗶𝗻𝗴 This West Bengal Authority for Advance Ruling highlights… Read More
Differences in surcharge rates between New Tax Regime & Old Tax Regime The new regime provides significant tax savings for… Read More