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How to calculate income tax with latest tax slabs: Have taxable income above Rs 12 lakh? Know how it will be taxed under new income tax regime

New Income Tax Slabs FY 2025-26: From April 1, 2025, individuals selecting the new income tax regime for FY 2025-26 will not pay any tax on taxable income up to Rs 12 lakh. However, your net taxable ...
Think Advisor

662 / When is a cash basis taxpayer deemed to “receive” income? How is the doctrine of constructive receipt applicable?

Generally, the inclusion of gross income (the first step in the computation of taxable income) must be determined pursuant to the taxpayer’s regular method of accounting. 1 The two commonly accepted ...

Income Tax Calculator FY 2026-2027: Calculate your taxes as per slab rate after Budget 2026; new tax regime vs old tax regime

Income Tax Calculator as Per New tax regime vs Old tax regime: Finance Minister Nirmala Sitharaman announced no changes to ...
CNET on MSN

Do You Need to Pay Taxes on Social Security? Maybe. Here's How to Figure It Out

Do You Need to Pay Taxes on Social Security? Maybe. Here's How to Figure It Out ...