Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...
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 ...
One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.
After the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman addressed concerns surrounding the old ...
The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...
Without either of the two, the old tax regime doesn't make much sense. More than the changes in new regime slab rates, it’s the 'rationalisation' of capital gains tax rates that attracted more ...
The PM Modi led government has come to power for second term in India, and Finance Minister Nirmala Sitharaman is all set to ...
Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...
The 2024 income tax reforms introduces revised tax slabs, higher deductions, and simplified TDS and capital gains rules, ...
Key agenda points include discussions on a separate 35% tax slab for sin goods, rate rejig in about 148 items, and the ...