Nettet17. sep. 2024 · Remote working can lead to tax liability for an NRI and PE exposure for their employer. T he COVID-19 pandemic has created a range of challenges for organizations, especially with employees who are globally mobile. Due to the travel restrictions and border closures, many individuals were stuck in India and ended up … Nettet16. jun. 2024 · The ₹50,000 loss which is carried forward from this year will be set off against next year’s gain. Your net STCG for next year will be ₹75,000 – ₹50,000 = ₹25,000 and this amount will be taxable at the rate of 15%. Tax on business income
How to calculate income tax on stock market gains along with …
Nettet18. apr. 2024 · From FY 2024-21, individual has an option either to continue with old tax regime with tax-exemptions and deductions or opt for new tax regime sans 70 tax … Nettet12. apr. 2024 · April marks the beginning of a new financial year, which is when usually new income tax laws come into effect. For the financial year 2024-24, the government has revised the income tax slabs under the new tax regime to make it more attractive in comparison to old tax regime.Further, many other benefits have also been brought … i 345 teardown dallas tx
Opted for new income tax regime? Here’s how you can save more
Nettet10. apr. 2024 · Your final LTCG would now be Rs 50,000, and you will only have to pay a tax of Rs 5000 at a rate of 10%. If you invested Rs 10 lakh in a stock today and made … Nettet6. okt. 2024 · As per the HRA calculation rules, the amount Mr Z can claim for deductions will then be the lowest of the given values: Actual rent payment – 10% of basic salary = ₹13,000 – 10% of ₹24,000 = ₹10,600; or. Exact HRA provided by an employer = ₹15,000; or. 50% of basic salary = 50% of ₹24,000 = ₹12,000. Nettet13 timer siden · Taxpayers will get a standard deduction of Rs 50,000 from their total gross salary income. In addition, family pensioners opting for the new tax regime can claim a standard deduction of Rs 15,000 from their pension income. Soni highlighted that the rebate under section 87A has been hiked to Rs 7 lakh from Rs 5 lakh under the new … i3+3 boin crm mtpi