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New tax regime vs old tax regime: What is point at which tax outgo is the same in both regimes? Check salary and deduction levels

India Business News: New income tax regime vs old tax regime: One must remember that the new income tax regime is now the default tax regime and in case you don’t tell you ....

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New income tax regime vs old tax regime: Which should you pick? Deductions you claim are important

India Business News: New versus old tax regime: When determining the tax regime for TDS on salary, taxpayers typically use estimated figures for gross total income and pro ....

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Does choosing old tax regime for TDS on salary lead to smoother ITR processing, income tax refund claims?

TDS on salary, income tax refund: A salaried is required to choose tax regime twice - one for tax deducted on salary by employer and secondly while filing ITR. ....

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TDS on salary: Don't pay higher tax! How to choose between new and old income tax regime | Business

Financial Literacy News: The new financial year, 2024-25 has begun starting from April 1. However, the income tax laws from the previous year, FY 2023-24, remain in effect for FY 2024-25 because the government has not made any changes. Potential changes may be announced in the upcoming budget after elections, but until then, the old laws remain. ....

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tds on salary: New vs old tax regime for TDS on salary: Choosing wrong tax regime in April can lead to higher tax

TDS on salary tax regime: In the month of April, many salaried individuals are required to inform their employer about their preferred tax regime on the basis of which tax will be deducted from their salary income. If wrong tax regime is chosen for tax to be deducted on the salary, then higher tax will be deducted throughout the financial year. ....

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