How to pay zero tax on Rs 17,50,000 annual salary under new tax regime? Check calculations inside
When filing an income tax return (ITR), every taxpayer aims to minimise their tax liability. However, they find it difficult to decide between the new and old tax regimes. The taxpayers will benefit from the new tax regime now that the government has introduced new tax slabs. Choosing the new tax regime over the old […]
How to pay zero tax in new tax regime: 2 deductions salaried taxpayers can claim to reduce taxable income to Rs 12 lakh
The new income tax slabs under the new tax regime are announced in the Budget 2025. As per the proposed income tax slabs, there will be nil tax on income up to Rs.4 lakh, 5% on incomes between Rs 4 lakh and Rs 8 lakh, 10% on incomes between Rs 8 lakh and Rs 12 […]
How to make the most of tax benefits by investing in insurance products? MintGenie explains
Entering the new calendar year brings you nearer to the conclusion of the financial year. It is essential to comprehend your tax obligations before establishing any financial objectives. Examining your financial situation provides a comprehensive view of your present standing, and skilfully integrating insurance can yield various advantages beyond mere protection. Insurance products play a […]