Income Tax Rules Change 2025: 2024 में इनकम टैक्स नियमों में बड़े बदलाव हुए, 2025 में अपना ITR कैसे भरेंगे. अगर आप 2025 में आईटीआर फाइल करने वाले हैं तो आपको इन नियमों के बारे में अभी जान लेना चाहिए, जो 2024 में बदले गए हैं. यह आपकी कमाई से लेकर सेविंग तक सभी पर सीधा असर डालेंगे. तो चलिए उन सभी 15 नियम के बारे में समझ लेते हैं.
#incometax #newtaxregime #oldtaxregime #nps #itrfiling #ITR #incometaxrules #ITR2024 #ITR2025 #happynewyear #january2025 #january
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I-T Dept Not Looking At Digi Yatra Data To Crack Down On Tax Evaders :: https://www.goodreturns.in/news/i-t-dept-not-looking-at-digi-yatra-data-to-crack-down-on-tax-evaders-1396739.html?ref=DMDesc
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~PR.147~ED.148~GR.125~HT.96~
#incometax #newtaxregime #oldtaxregime #nps #itrfiling #ITR #incometaxrules #ITR2024 #ITR2025 #happynewyear #january2025 #january
Also Read
India Inc Seeks Cut In Personal Income Tax Rates, Flags Dumping By China At Pre-Budget Meet :: https://www.goodreturns.in/news/india-inc-seeks-cut-in-personal-income-tax-rates-flags-dumping-by-china-at-pre-budget-meet-1396745.html?ref=DMDesc
I-T Dept Not Looking At Digi Yatra Data To Crack Down On Tax Evaders :: https://www.goodreturns.in/news/i-t-dept-not-looking-at-digi-yatra-data-to-crack-down-on-tax-evaders-1396739.html?ref=DMDesc
Tax Department To Use Digi Yatra Data For Tax Compliance Checks :: https://www.goodreturns.in/news/digi-yatra-app-tax-compliance-initiative-011-1396587.html?ref=DMDesc
~PR.147~ED.148~GR.125~HT.96~
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NewsTranscript
00:00Just like every year, this year is also coming to an end and now there is only one day left
00:07in the new year.
00:08In the new year, the bell of tension of the taxpayers filing the ITR will also start ringing
00:15because in 2024, the Income Tax Department has changed some rules related to tax.
00:20So if you are going to file an RTR in 2025, then you should know about these rules from
00:26the beginning so that when the last date of ITR filing starts coming close to the tick,
00:31then you do not have to worry.
00:33In 2024, there have been very significant changes in the income tax law, which were
00:38presented in July 2024 due to the union budget.
00:41As soon as the elections took place between April and June 2024, this budget was presented
00:46in mid-year, that is, it came in July.
00:49The effect of these changes is the financial year 2024-2025 income tax calculation and
00:54income tax return i.e. ITR filing in July 2025.
00:59Let's know about those changes that can increase the tension of the taxpayers.
01:04So there are a total of 15 changes, so you must watch this video till the end so that
01:08you do not have to face any trouble.
01:10The first is that there has been a change in the tax labs.
01:13So the government has changed the income tax lab under the new tax regime and
01:18the taxpayers can save up to Rs.17,500 for the financial year 2024-2025.
01:24The second is that the standard deduction has been increased.
01:27In the new tax regime, the limit of standard deduction has been increased from Rs.50,000
01:31to Rs.75,000.
01:33In addition, this limit has been increased from Rs.15,000 to Rs.25,000 for family pension
01:38holders.
01:40You can also see the changes in the income tax labs on the screen.
01:44In addition, there has been a deduction on NPS contribution.
01:48Now, under the new tax regime, a deduction of up to 14% can be claimed on NPS contribution.
01:55Earlier, this limit used to be 10%.
01:57This claim can be made under Section 80CCD2 of the Income Tax.
02:02The next is that the new levels of LTCG and STCG have been implemented in this budget.
02:08So, short-term capital gain tax i.e. STCG, equity and equity-oriented mutual funds will
02:14be taxed from 20%.
02:16In the long-term capital gain i.e. LTCG, 12.5% tax will be imposed on all assets.
02:22In addition, there has been a change in the holding option.
02:25To define capital gain in the form of long-term or short-term, the holding periods have been
02:30limited to two categories.
02:32The first is for listed assets, which is of 12 months.
02:35And for unlimited securities, the holding period is of 24 months.
02:39In addition, the TDS rate has also been rationalized.
02:43On some income, TDS rates have already been simplified.
02:47For example, 2% payment has been made on insurance policy.
02:50This was implemented on 1 October 2024.
02:53Apart from this, 2% payment on rent was also implemented on 1 October.
02:57Payment by e-commerce operators is 0.1%.
03:00Apart from this, the seventh change is the claim of TDS-TCS credit.
03:04Employees can now deduct the TDS deducted from the new IS source or expenses
03:09and reduce the TDS deducted from their salary.
03:14The next is the credit benefit of TCS.
03:16Parents can take the credit of TCS imposed on their children's foreign education.
03:22This new rule will be applicable from 1 January 2025.
03:27Now, the ninth rule in this list is that the share buyback will be taxed.
03:31On the amount obtained from the share buyback,
03:33the individual will be taxed according to the slab rates.
03:37This new law has been implemented since 1 October 2024.
03:41According to the new law, there is a possibility of increasing the tax burden on the income of individuals
03:46whose income is taxed by 30% tax slab rate.
03:50However, individuals whose income is taxed less than 20%
03:54have the full possibility of benefiting from this.
03:58They will have to pay less tax on the sale of the shares.
04:03By 3 September 2024, the company that has bought the shares
04:08has paid a dividend distribution tax of 20% on the purchase of the shares.
04:15It has also paid a surcharge of 12% and a cess of 4%.
04:19The next is the TCS on luxury goods.
04:22TCS will be imposed on the purchase of luxury goods worth more than Rs 10 lakh.
04:27This new rule will also be applicable from 1 January 2025.
04:31This means that if you are planning to buy luxury goods,
04:34this tax will be directly imposed on your pocket.
04:37The next is the amendment on the sale of property in TDS.
04:40TDS will be taxed on the purchase of property worth more than Rs 50 lakh.
04:45However, the share of any seller should be less than Rs 50 lakh.
04:49The next is the TDS on RBI floating rate bonds.
04:52TDS will be taxed on income worth more than Rs 10,000 per month.
04:57This will be applicable from 1 October 2024.
05:00The next is the Vivaad se Vishwaas Yojana 2.0.
05:04This scheme has been presented to solve the issues
05:07between the tax payers and the income tax department
05:10which has been applicable from 1 October 2024.
05:13The next is the absence of the Aadhaar Namankan number.
05:16The Aadhaar Namankan number can no longer be used
05:19in the income tax return and PAN application.
05:23It was made mandatory in 2017,
05:26but the government has removed it again in the full budget of 2024.
05:31The next is the amendment on the opening of old ITRs.
05:35In cases of income worth more than Rs 50 lakh,
05:38the income tax department can open old ITRs for only 5 years,
05:42which used to be 10 years earlier.
05:45There have been about 15 changes related to the income tax
05:48that have been made in 2024,
05:51which will now affect you for the lifetime,
05:54especially for 2025.
05:56What do you think about this?
05:58Do tell us in the comments.
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