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  2. New Tax Regime - Wikipedia

    en.wikipedia.org/wiki/New_Tax_Regime

    The New Tax Regime is a scheme of Income tax ... and extension of standard deduction in the New Tax Regime were ... 80EEA, 80EEB, 80G, 80GG ...

  3. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    The New Tax Regime was announced for individuals & HUF in Budget 2020 and became effective from financial year 2020-21. According to it, individuals can opt for reduced tax rates with no option for claiming exemptions & deductions. Currently, Indian taxpayers can choose between the old tax regime and the new tax regime. [12]

  4. Category:Income taxes - Wikipedia

    en.wikipedia.org/wiki/Category:Income_taxes

    Main page; Contents; Current events; Random article; About Wikipedia; Contact us

  5. Taxes 2023: Here are the biggest tax changes this year - AOL

    www.aol.com/finance/taxes-2023-biggest-tax...

    The deduction — which was enacted under Section 419 of the Tax Relief and Health Care Act of 2006 and extended annually — was not renewed for the 2022 tax year and is no longer available to be ...

  6. Taxpayers will get higher standard deductions in 2025, IRS ...

    www.aol.com/taxpayers-higher-standard-deductions...

    For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024. ... NEW YORK (AP) — U.S. taxpayers will again ...

  7. IRS announces higher standard deduction, new tax ... - AOL

    www.aol.com/irs-announces-higher-standard...

    The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing separately. IRS announces higher standard deduction, new tax brackets ...

  8. Economic policy of the first Donald Trump administration

    en.wikipedia.org/wiki/Economic_policy_of_the...

    The Tax Act closed some old loopholes, but created new ones. The effective corporate tax rate (i.e., taxes paid as a percentage of taxable income) in 2018 was the lowest rate in 40 years, at 11.3%, versus 21.2% on average for the 2008–2015 period.

  9. Some might see a bigger 2024 tax refund after inflation ...

    www.aol.com/finance/might-see-bigger-2024-tax...

    Here are the new tax brackets for the 2023 tax year. Standard deduction increases for tax year 2023 The standard deduction, which 90% of taxpayers choose over itemizing their taxes, is also ...

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