All posts tagged "New Tax Regime"
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350ITRNew Income Tax Regime Vs Old Income Tax Regime: Key Things To Consider
If your income is up to Rs 7 lakh, then you can enjoy zero tax liability under the new tax regime. Additionally,...
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365ITR
What are new tax regime’s slabs? Know its limits, benefits, and more
In the new income tax regime, the basic tax exemption limit has been increased from Rs 2.5 lakh to Rs 3 lakh....
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668ITR
New Tax Regime Vs Old Tax Regime selection: 5 reasons to decide now
New Tax Regime Vs Old Tax Regime selection: Salaried taxpayers now have to declare their choice of tax regime to employers so...
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574ITROld vs New Tax Regime? Use this simple calculator from the income tax department to decide what works for you
If you are still confused about how to choose between the old and new tax regimes, then the Income Tax Department has...
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558ITREPF, Section 80 CCD(2): How Salaried Class Can Save Income Tax Under New Tax Regime?
Under the revamped new tax regime, no tax would be levied for income up to Rs 3 lakh. Income Tax Regime: Finance Minister...
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328ITRIndividual Taxpayers with Income Marginally Over Rs 7 Lakh to Get Relief Under New Tax Regime
The Finance Bill 2023, passed by the Lok Sabha on Friday, has proposed a marginal relief to taxpayers under new tax regime...
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424ITR
Tax Slabs Under The New And Old Tax Regimes In FY 2023-24
A tax slab determines how much tax an individual or business needs to pay based on their income Atax slab basically determines...
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1.6KMUST KNOWBudget 2023: New Tax Regime May See Exemptions
THE NEW tax regime that was announced in the Union Budget 2020-21 has had few takers until now. A big reason for...
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435ITROld income tax regime vs New: Which one you should opt for?
Whether the new income tax regime works for you or the old one will depend on composition of your income and deductions...
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3.1K1FINANCEBudget 2021: Will benefit of standard deduction be extended to taxpayers under the new tax regime?
Budget 2021 Expectations of salaried: It is expected that the benefit of standard deduction should also be available to taxpayers opting for...
