New vs. Old Tax Regime Many high-income earners frequently ask about the tax implications on salaries ranging from ₹1 crore ...
Josh explained the first of these changes coming into effect next month: “Essentially, something called ‘non-domiciled (or ...
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The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, ...
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 ...
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