As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and ...
Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...
Hyderabad: Though several developed economies suffered badly due to the Covid crisis, India continued to grow at 7 to 8 per ...
Though several developed economies suffered badly due to the Covid crisis, India continued to grow at 7 to 8 per cent during ...
Filing taxes may appear overwhelming due to the various slabs, exemptions and the different Income Tax Return (ITR ... All You Need to Know Designed for individuals residing in India with a total ...
Simplifying tax slabs and reducing rates A key aspect of the income tax reform is the potential simplification of tax ...
The revisions include new income tax slabs for the fiscal year 2024-25. The standard deduction, which reduces the taxable income, has been increased from Rs. 50,000 to Rs. 75,000. Additionally, the ...
In the Union Budget 2024, the Finance Minister of India announced changes to the income tax slab for the new regime. However, the new income tax regime is optional, and individuals can opt for it or ...
7% of Income tax where total income is more than ₹1 crore 12% of Income tax where total income is more than ₹10 crores ...
Small finance banks are offering some of the best FD rates in India, with NorthEast Small Finance Bank and Unity Small Finance Bank offering the highest returns at 9.00% for fixed deposits ...
Chennai-based Sudarshan Jain was in for a shock when he checked his Employee Provident Fund (EPF) passbook in August this ...
slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax. Income Tax: Learn about the planned overhaul of India’s Income Tax ...