I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.
A quick calculation shows that parity in terms of take-home salary is achieved only at the income level of Rs 12.71 lakh. At this income, the tax is Rs 70,500, which means the take-home salary is ...
Finance Minister Nirmala Sitharaman has introduced a major tax relief, making incomes up to ₹12 lakh tax-free. For salaried individuals, this limit increases to ₹12.75 lakh after factoring in the ...
While completing your taxes is no easy feat, especially since tax codes change yearly and vary from person to person, you don't have to be completely in the dark with this cheat sheet. The ...
BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...
This is the highest rate of tax you pay, and will depend on your total income. If you have savings split into more than one account, you may want to repeat this exercise to calculate the potential ...
Dow Jones, Nasdaq, S&P 500 weekly preview: How far can this rally go? By Investing.com - Feb 26, 2024 5 Investing.com -- The S&P 500 closed last week at a new record high of 5,088, propelled by ...
"Certain types of investment products can get you some tax-free income, like government bonds," said Colvin. "The tax benefits you get from federal or municipal bonds are a nice perk, but they won ...
For the initial few years there was not much uptake of the new income tax regime amongst the taxpayers. This resulted in another amendment of making the new income tax regime as the ‘default ...
The Central Government has introduced the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central Government employees. The Pension Fund Regulatory and ...
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