A more pronounced slowdown in urban consumption and high food inflation have solidified calls for lowering the burden on India’s salaried class, which could in turn spur demand and boost overall ...
Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...
The first slab can be from Rs 4 lakh to Rs 7 lakh instead of Rs 3 lakh to Rs 6 lakh now, and other slabs would get adjusted ...
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Budget 2025: Income tax cut expected, know the current slabs and rates under the new and old tax system..In the general budget to be presented on February 1, people will be waiting for the announcements related to income tax. If ...
The new tax regime for individuals could be modified and the government is examining possibility of reducing tax rates for ...
As the country moves towards February 1, when Finance Minister Nirmala Sitharaman is expected to submit the Union Budget 2025 ...
AMFI: As the budget day nears, industry players and investors are expecting some relief in the tax proposals on debt funds.
The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime.
The tax officials will, of course, have a better understanding of what the revenue implications will be. But let them at ...
Increasing standard deduction would offset the benefits of exemptions available in the old tax regime, and revising tax slabs ...
Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.
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