Income tax allowances, deductions allowed for individuals in old tax regime
India’s personal tax system has two ‘regimes’: Old and new. The new tax regime does not have most of the …
NEW TAX REGIME
Understanding Marginal Relief in the New Tax Regime
In Budget 2023 various benefits are given under the new tax regime, Like New tax regime is default regime, Zero …
85% taxpayers opt for old regime, 55% fully utilise 80C benefit: survey
Only 15% of India’s taxpayers chose the new tax regime, showed the findings of a survey by Clear, an online …
FM says no income tax up to Rs 7.27 lakh per annum under new tax regime & Growth of MSME
Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, …
Income Tax slab rate FY 2023-24 & AY 2024-25
From April 1, 2023: In Finance act 2023, major changes are made in new tax regime: 1. The new income …
