๐ ๐ด๐๐๐๐ ๐ป๐๐ & ๐ฎ๐บ๐ป ๐ช๐๐๐๐๐๐ ๐๐ ๐ฐ๐๐ ๐๐ ๐๐๐๐ ๐จ๐๐๐๐ 1, 2025!

๐ ๐ด๐๐๐๐ ๐ป๐๐ & ๐ฎ๐บ๐ป ๐ช๐๐๐๐๐๐ ๐๐ ๐ฐ๐๐
๐๐ ๐๐๐๐ ๐จ๐๐๐๐ 1, 2025! As we step into FY 2025-26, several important tax and GST changes will take effect. Here's a quick summary of the key updates you should know! ๐ฆ ๐ผ๐๐๐๐๐ ๐๐๐ฅ ๐ถโ๐๐๐๐๐ โ
๐๐ข๐ ๐ก๐๐ซ ๐๐๐ฑ ๐๐๐๐๐ญ๐ ๐ฎ๐ง๐๐๐ซ ๐๐๐ ๐๐๐ โ Increased from โน25,000 to โน60,000 for incomes up to โน12 lakh (New Regime). โ
๐๐๐ฏ๐ข๐ฌ๐๐ ๐๐๐ฑ ๐๐ฅ๐๐๐ฌ โ Basic exemption raised to โน4 lakh; highest 30% tax on income above โน24 lakh. โ
๐๐ข๐ ๐ก๐๐ซ ๐๐๐ ๐๐ก๐ซ๐๐ฌ๐ก๐จ๐ฅ๐๐ฌ โ Bank deposit TDS limit increased from โน40,000 to โน50,000. โ
๐๐๐ซ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ ๐๐ฑ๐๐ฆ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ โ Employer-paid foreign medical expenses are no longer taxable. โ
๐๐๐ ๐๐๐ญ๐ฌ๐๐ฅ๐ฒ๐ ๐๐๐ฑ ๐๐๐ง๐๐๐ข๐ญ โ Additional โน50,000 deduction on contributions to childrenโs NPS accounts. โ
๐๐๐๐ ๐๐๐ข๐ง๐ฌ ๐๐๐ฑ๐๐ญ๐ข๐จ๐ง โ Proceeds ...