Last month, salaried taxpayers had to choose between the old and new tax regimes. Most tax deductions are not available under the...
If your income is up to Rs 7 lakh, then you can enjoy zero tax liability under the new tax regime. Additionally,...
In the new income tax regime, the basic tax exemption limit has been increased from Rs 2.5 lakh to Rs 3 lakh....
New Tax Regime Vs Old Tax Regime selection: Salaried taxpayers now have to declare their choice of tax regime to employers so...
If you are still confused about how to choose between the old and new tax regimes, then the Income Tax Department has...
Under the revamped new tax regime, no tax would be levied for income up to Rs 3 lakh. Income Tax Regime: Finance Minister...
The Finance Bill 2023, passed by the Lok Sabha on Friday, has proposed a marginal relief to taxpayers under new tax regime...
A tax slab determines how much tax an individual or business needs to pay based on their income Atax slab basically determines...
THE NEW tax regime that was announced in the Union Budget 2020-21 has had few takers until now. A big reason for...
Whether the new income tax regime works for you or the old one will depend on composition of your income and deductions...