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.
Stock market news on Union Budget 2023: Get latest share market news updates, budget impact on share prices, sensex nifty updates and share market news headline at Business Today
The government proposes to increase capital expenditure outlay by 11.1 per cent to Rs 11.11 lakh crore in 2024-25
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