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FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [26] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.
The capital gains tax structure has also undergone changes: Short-Term Capital Gains (STCG): The tax rate on short-term capital gains from shares, mutual funds, and real estate has been increased from 15% to 20%. [9] Long-Term Capital Gains (LTCG): The tax rate on long-term capital gains has been set at 12.5%. Additionally, the exemption limit ...
The act, which became effective on 1 April 1962, replaced the Indian Income Tax Act, 1922. Current income-tax law is governed by the 1961 act, which has 298 sections and four schedules. [9] The Direct Taxes Code Bill was sponsored in Parliament on 30 August 2010 by the finance minister to replace the Income Tax Act, 1961 and the Wealth Tax Act ...
See today's average mortgage rates for a 30-year ... 2024. The fixed rate for a 15-year mortgage is 5.96%, down 14 basis points from last week's average 6.10%. ... the Federal Reserve announced it ...
Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Freddie Mac reports an average 6.79% for a 30-year fixed-rate mortgage, up 7 basis points from last week's average 6.72%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
19% (9% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €1.2 million and that have "small taxpayer" status) [184] 9% (for income under 30.000 złotych per year) •0% income tax [185] •9% Health Insurance(non-deductible) [186] 41% or 45% •32% Income tax •9% health insurance
Freddie Mac reports an average 6.32% for a 30-year fixed-rate mortgage, up 20 basis points from last week's average 6.12%, according to its weekly Prime Mortgage Market Survey of nationwide ...