I am a resident individual with a total income of Rs 15 lakh for FY26, comprising: Rs 12 lakh from rent and interest income (taxable at normal slab rates), and Rs 3 lakh from long-term capital gains ...

Net income (NI), also known as net earnings, is the profit a company or individual makes after all expenses, taxes, and deductions are subtracted from total revenue. For businesses, net income appears ...