Old and new tax regimes: How to choose the best option for saving money
Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...
The Average Tax Refund Is $4,381. Here's Where People Get the Most Money Back — and What They Spend It On.
The average refund for tax year 2022 — the latest available full-year data — was $4,381, per a new report from LendingTree.
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Income Tax Calculator FY 2024-25
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 ...