slabs

A man is counting Rs5,000 currency notes. — AFP/File With a focus on “economic stability”, the federal movement on Friday proposed to introduce three slabs for the wealthy people paying super tax in the Finance Bill 2023-24.…

The new tax regime is the default system to calculate income tax from April 1, 2023. The exemption limit has been raised from Rs 2.5 lakh to Rs 3 lakh under the new regime.The Union Budget 2023-24 brought significant changes to the personal…

Edited By: Mohammad HarisLast Updated: March 09, 2023, 13:45 ISTCheck 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 incomeA tax slab…

Last Updated: February 04, 2023, 21:00 ISTThe Finance Minister in her Budget speech on February 1 proposed to increase the income tax rebate limit to Rs 7 lakh from the current Rs 5 lakhThose with annual income of Rs 15 lakh would need to…

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Tribune News Service New Delhi, January 30In the last full Budget before the general elections, salaried class has high expectations of relief in tax…

Income tax is levied on taxpayers on the basis of a slab system. In Budget 2023, the announcement regarding the income tax slabs and rates is one of the key watch out for; experts expect some income tax relief this yearIncome Tax Rates and…

Last Updated: January 25, 2023, 19:14 ISTCountries worldwide have turned inwards to brace for the tough global conditions and against this background India should announce a five-year duty freeze.GTRI also suggests retaining import duty on…

Last Updated: January 05, 2023, 15:39 ISTAt present, income up to Rs 2.50 lakh is tax-free. Income tax has to be paid on annual income above this.At present, income up to Rs 2.50 lakh is tax-free.In less than a month, the country’s general…

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