Showing posts from February, 2025
How to Save Tax on Rental Income up to ₹20 Lakhs How Rental Income Up to ₹20 Lakh Becomes Tax-Free Example 1: Rental Income ₹20 Lakh with Home Loan Income Component Amount (₹) …
What is a Mutual Fund? Understanding Mutual Funds: A Beginner’s Guide Mutual funds are a popular investment option, yet many people hesitate to invest due to fears of loss and misconceptions spread by media. In reality, mutual f…
Tax benefits for senior citizen in budget 2025 What senior citizen got in budget? 1. No Tax Up to ₹12 Lakh (New Tax System) If a senior citizen earns up to ₹12 lakh a year, they won’t have to pay any tax, thanks to a special rul…
Sl. No. Total Income (₹) Rate of Tax (%) 1 Upto ₹4,00,000 Nil 2 ₹4,00,001 to ₹8,00,000 5% 3 ₹8,00,001 to…
