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Income tax deductions related to salaries, gratuity, and leave encashment are grouped for better accessibility.
This latest repo rate cut, if followed by banks, can further stimulate borrowing and provide relief to consumers.
The Income Tax Department requires individuals earning above ₹4 lakh to file an ITR, even if their tax liability is zero.
A key ritual before the Budget is presented is the Halwa Ceremony.
Women can access concessional or interest-free loans to start or expand businesses.