The goals of these proposals encompass reforming personal income tax to specifically benefit the middle class, streamlining TDS and TCS to alleviate challenges, and promoting job creation and ...
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Budget 2025: ₹12 lakh tax-free, rent TDS relief, senior citizen sops. All the moves that impact you are hereFor salaried individuals, the effective tax-free threshold rises to ₹12.75 lakh, factoring in the ₹75,000 standard deduction. Under the new structure, the tax rates ... income from ₹20 lakh to ₹24 ...
The Tax Deducted at Source (TDS) on FDs is determined based on the interest income earned during the financial year, taking into consideration factors such as the interest rate, deposit amount ...
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