New Tax Regime Tax Calculations: Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for salaried-class individuals. But if their income ...

News and in-depth features about tax, accounting, auditing, and other business topics. Published by the American Institute of ...

For the 2024 and 2025 tax years, the tax brackets are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Social Security benefits are not counted as gross income. However, benefits are included in your ...

Achieving net-zero climate goals requires significant private sector investment in clean technologies. Corporate income tax (CIT) design affects private sector investment and thus warrants ...

Tax season is here, and Jeff Rossen has compiled tax software options to make filing easier and maximize your refund.TurboTax offers step-by-step guidance, making it ideal for those who want extra ...

If you hold those assets for at least a year and a day, you'll benefit from the lower long-term capital gains tax rate. That's better than the regular income tax rate you'd pay if you kept the ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

5000-S8 Schedule 8 - Canada Pension Plan Contributions and Overpayment (for all except QC) 2025-01-21 5000-S7 Schedule 7 - RRSP, PRPP, and SPP Contributions and Transfers, and HBP and LLP Activities ...

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...