Budget 2023-24: Congress leader Karti Chidamabaram praises tax rebate, colleagues show difference in opinion

Feb 01, 2023

Finance Minister Nirmala Sitharaman declared five major announcements in the new tax regime including an increase in the income tax rebate limit from Rs...

New tax regime offers a clear and straightforward calculation of tax liability

Aug 03, 2024

An increasing number of taxpayers have opted for the New Tax Regime this year. Out of the total ITRs of 7.28 crore filed for...

Budget 2023: "What's the benefit of exempting income tax?" Mamata attacks Centre

Feb 01, 2023

Union Finance Minister Nirmala Sitharaman on Wednesday announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh...

Budget 2023-24: Hum do, Hamare do.. Shatrughan Sinha's jibe at reduction in highest slab for Income Tax payers

Feb 01, 2023

Union Finance Minister Nirmala Sitharaman, during the Budget session today, announced an increase in the income tax rebate limit from Rs 5 lakh to...

51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime

Aug 02, 2024

The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent...

Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief

Feb 03, 2023

The income tax rebate limit available for salaried and individual taxpayers under the new income tax regime has been hiked to Rs 7 lakh...