Latest Breaking News On - New tax rules - Page 1 : comparemela.com

New Tax Rules in India from April 1, 2024

New Tax Rules in India from April 1, 2024
india-briefing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india-briefing.com Daily Mail and Mail on Sunday newspapers.

Nirmala sitharamanHead officeInput service distributorUnion budgetInput service distributorsServices taxNew tax rulesIndia briefingwrittenArchana raoreading timeFinance actCentral goodsServices tax actReverse charge mechanismIncome tax lawStamp actMoney laundering

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.

Income tax departmentIncome tax returnsIncome taxSenior citizenSuper senior citizenIncome tax actOld tax regimeNew taxNew tax regimeOld tax regime slabsNew tax regime slabsLd vs new tax regime slabsOld tax regime for senior citizensNew tax regime for senior citizensIncome tax 2024Enior citizens income tax

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.

Public provident fundDevelopment authorityPension fund regulatory authority of indiaNational pension schemePension fund regulatoryIncome taxSenior citizens savings schemeAtal pension yojanaPradhan mantri vaya vandanaCitizens savingsPost officePension schemePension fund regulatory authorityPension yojanaMantri vaya vandanaMantri vaya vandana yojana

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).

Nirmala sitharamanAssociation of persons aopsUnion budgetNew taxFinance minister nirmala sitharamanHindu undivided familiesIncome tax rebateNew tax regimeOld tax regimeReduced surchargeHigh net worth individualsArtificial judicialTaxable incomeHigher leave encashment exemptionNew tax systemNew income tax regime

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
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.

Energy efficiency incentivesEnergy tax credit for new roof shinglesGreen energy improvementsEnergy efficient replacement windows tax creditNew tax rulesTax rulesTax creditNew roofEfficiency incentivesPreservation creditsDeductible expensesEnergy improvementsSpecific incentives