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New Tax Rules in India from April 1, 2024

New Tax Rules in India from April 1, 2024
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Income Tax 2024: Old Tax Regime slabs vs New Tax Regime slabs explained for senior citizens

Under the new tax regime, senior citizens can claim a maximum deduction of Rs 50,000 under section 80D for health insurance premiums. If the expenses are incurred for a dependent senior citizen, the entitlement is Rs 1 lakh in a fiscal. ....

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National Pension Scheme, PPF to Senior Citizens Savings Scheme: Best tax saving instruments for senior citizens

Income Tax Returns 2024: Senior and super senior citizens are eligible to avail of numerous tax benefits as offered by Income Tax Act, 1961. Some of the prominent ones are the Senior Citizens Savings Scheme, National Pension Scheme, senior citizen bank FDs, ELSS, among others.
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Income tax returns 2024: Top 5 points to note while selecting New Tax Regime for FY2024-25

The New Tax Regime was made the default option for all taxpayers in Union Budget 2023, including individuals, Hindu Undivided Families (HUFs), and Association of Persons (AOPs). ....

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New Tax Rules for Home Renovations in 2023 and 2024: Tax Credits for Homeowners

New Tax Rules for Home Renovations in 2023 and 2024: Tax Credits for Homeowners
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