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Source: Live Mint In FY 2023, the income tax regime became a default regime for all taxpayers. This means the taxpayers are meant to file their income tax return (ITR) as per the new regime unless they choose to opt out of it. And if you do not opt out of the new tax regime,…
Source: Live Mint When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense. Gone was the hassle of tracking investments, loans, or charitable contributions. Instead, taxpayers pooled their income, calculated tax liabilities, and filed returns…
Source: Live Mint If you have made investments in some tax-saving instruments but realise that you won’t be able to claim the exemptions against them since you missed intimating your employer about opting for the old tax regime during the year, there is a way out. It is vital to note that you can still…
Source: Business Standard The deductible is the amount paid through the base policy or out of pocket before the super top-up kicks in. A higher deductible reduces the premium. Photo: Bloomberg 3 min read Last Updated : Oct 02 2024 | 4:25 PM IST SBI General Insurance recently introduced the SBIG Health Super Top-Up…
