Tag results for: old tax slab

High income tax will be charged if the age is below 60 in the old tax regime

There are now two different tax systems in place in the nation. The old tax system is one, while the new tax system is the other. People are free...

Don’t lie on your ITR about your income, otherwise you may get into trouble!

Fines are enforced by the Income Tax Act (ITR) for a variety of mistakes made by taxpayers. The Income Tax Department also applies penalties for underreporting and misreporting income...

Keep these forms in mind while ITR filling, mistake will be heavy

Every person whose income is taxable is required to file an ITR. People who file income tax returns must do so in accordance with the various income tax slabs....

Reduce income tax using these strategies, you’ll have to do this work

Additionally, income tax is due on income. However, there are some ways to avoid paying this tax. Certain investment kinds are eligible for tax deductions under the Income Tax...

On this much income, huge tax of 20% will be due under Income Tax Slab

People in the nation are required to pay income tax when their income rises. Every person whose income is taxable is required to pay income tax. In India, there...

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