It's important to note that the Standard Deduction of Rs 50,000, available to salaried individuals and pensioners, remains applicable in both the New and Old Tax regimes.
14 things India wants from Nirmala Sitharaman's Budget : Rashtra News #India #Nirmala #Sitharamans #Budget While India is rebounding at the quickest pace among major economies this year, finance minister Nirmala Sitharaman will need more than just stimulus to keep this run sustainable. A string of state polls next month and a Covid variant only
The Finance Act 2023 has made the new tax regime as the default tax regime for FY 2023-24 (AY 2024-25). The taxpayers can switch between the old and the new tax regime on a year-on-year basis.
With the April 15 deadline behind us, hopefully you have either filed your tax returns or requested an extension for your 2023 Individual Income Tax Returns. An extension gives you
Red Flags That Could Trigger a Tax Audit | Taxes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
These Are 3 of the Oddest Tax Deductions Ever – Are You Eligible for One? usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Financial Literacy News: The new financial year, 2024-25 has begun starting from April 1. However, the income tax laws from the previous year, FY 2023-24, remain in effect for FY 2024-25 because the government has not made any changes. Potential changes may be announced in the upcoming budget after elections, but until then, the old laws remain.