A hike of 2 lakhs in the erstwhile 5 lakhs tax rebate ceiling; taxpayers opting for the New scheme to enjoy 0 payable income tax upto 7 lacs

Feb 07, 2023

New Delhi [India], February 7 (ANI/SRV): The announcement of the revised tax slabs, presented in the Union Budget 2023 by the Finance Minister, Nirmala...

Union Budget 2022-23: Expectations on changes in income tax slabs and rates

Jan 30, 2022

New Delhi [India], January 30 : One of the most keenly awaited announcements in the union budget every year is related to personal taxation....

Budget 2023: Income tax rebate limit increased, no tax on income up to Rs 7 lakh

Feb 01, 2023

In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs...

Reduction of LPG prices; revision of tax slabs: Expectation from Budget 2024

Jul 23, 2024

"We are expecting the budget to be better than the previous year. The tax slab should be revised by the government. We expect the...

India cuts windfall tax on crude oil, hikes for aviation fuel, diesel

Nov 02, 2022

The notification containing the revised tax structure shall come into force immediately from today.

Budget 2024: FM gives relief to salaried class on tax slabs and standard deduction

Jul 23, 2024

Finance Minister Nirmala Sitharaman has announced a significant set of income-tax reforms for the fiscal year 2024-25, aimed at simplifying tax laws, promoting compliance,...