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Explained: Save full tax on a salary of Rs 14 lakh under the new tax regime; Know how here

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  Budget 2026: Under the new tax regime, income up to ₹12.75 lakh is tax-free. After that, any increase in salary may result in tax. Now, even those earning ₹14 lakh can save substantially without paying a single penny. However, this requires following certain rules. Let’s find out what you need to do. Income Tax Free:  Every employed person has a CTC on their salary slip. If it exceeds ₹12 lakh, it’s natural to be worried. In such a situation, let’s assume that paying taxes is inevitable. Sometimes, the thought of a large portion of a hefty salary going towards taxes suffices. But the truth is a little different. If your annual income is up to ₹14 lakh, you can make your entire salary tax-free under the new tax regime. The government’s new tax rules, standard deductions, and certain legal exemptions have made this path easier. This isn’t a trick or a means of circumventing the rules, but rather the very features built into the tax system itself. All you need to do is understa...
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Bank Holidays: Banks will remain closed for 4 consecutive days, complete all work in two days

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  Bank Holidays: Banks in Shimla will be closed for four consecutive days (Saturday through Tuesday). Services will be affected due to January 24th, the fourth Saturday, the 25th, Sunday, the 26th, Republic Day, and a bank employees’ strike on the 27th. Customers are advised to complete all their essential banking work on Thursday and Friday to avoid crowds and inconvenience later in the day. ATMs and online services are expected to remain operational. Bank Holidays:  If you have any important banking work to do, do it on Thursday and Friday. Banks will be closed for four consecutive days, from Saturday to Tuesday. During this period, most banking services will be halted. Branch transactions, check clearance, drafts, passbook updates, and other services will not be available. In Himachal Pradesh, this will directly impact both consumers and businesses. Services will be suspended for four days Banks will be closed on January 24th, the fourth Saturday. The following day, Sunday,...
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IMD Warning: Heavy rain across the state and snowfall in the mountains on January 23, 24, and 25

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  IMD Warning: The weather is about to be favorable. The IMD has forecast a western disturbance becoming active in the state from January 22nd, with rain expected in five districts on the first day. The IMD has issued a rain alert for all districts of the state from January 23rd to 25th. Heavy snowfall is also expected in mountainous areas for four days starting January 22nd. IMD Warning:  The weather is about to turn harsh. The IMD report indicates this. Uttarakhand is currently experiencing a drought due to a lack of rain and snowfall. The mountains, which remain covered in snow until January, now appear snowless. Light snowfall was expected on Saturday afternoon in the high peaks of Hemkund Sahib, Badrinath, and Niti Valley, but it proved insufficient. People in the lower regions waited for rain and snowfall. The effects of the light snowfall in the mountains are visible throughout the state. Since Sunday, the mountainous regions have been experiencing bone-chilling cold, w...
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IMD Alert: Winter Rain & Dense Fog to Hit Rajasthan as Western Disturbance Intensifies

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  IMD has warned of winter rain and dense fog across parts of Rajasthan as a western disturbance becomes active later this week. The system is expected to lower night temperatures, affect visibility and bring relief to rabi crops in some regions. IMD Alert:  A fresh spell of winter weather is set to unfold across north India over the next week, with changing conditions already visible in parts of Rajasthan and a sharper turn expected in Jammu and Kashmir. Light drizzle in Jaipur, dense fog across several districts and a steep dip in night temperatures are early signs of two back-to-back western disturbances that meteorologists say could bring rain, snowfall and travel disruptions between January 22 and 28. While the weather is likely to benefit rabi crops in many areas, authorities have urged caution for commuters, travellers and farmers as fog, cold nights and snow-bound roads pose fresh challenges. Rajasthan sees early signs as drizzle, fog mark shift in winter pattern Jaipu...
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