The Union Budget 2023 revised the new tax regime to be the default regime, effective from April 1, 2023. The old tax regime is, however, still available for taxpayers to use and it retains the benefit of exemptions and deductions. Under the new regime, the income tax slabs are the same...
Discover your HRA deduction with our easy-to-use calculator in Tools. Want to know your TDS and take home Salary.Try our calculator in Tools for accurate results. Rebate limit under the New Tax Regime increased to Rs. 7 lakhs w.e.f. FY 2023-24 ...
Here we are going to describe the free income tax e-filing software procedure for FY 2023-24. If you are looking for a demo of IT return software for online registration and tax refund, SAG Infotech provides a free trial of Gen Income Tax software for ITR filing. The trial version also...
Last Updated -- March 5th, 2023 Income tax is a type of direct tax levied on the working citizens by the Government of India. The Income Tax Act of 1961 grants the Central Government the authority to regulate and collect such tax, based on the Union Budget. As earning individuals, firms...
» Handles tax liabilities for FY 2023-24 onwards with ease. Old Tax Regime vs. New Tax Regime: » Compare and contrast tax liabilities under both regimes for informed decisions. » Stay updated on the latest tax regulations and make strategic financial choices. House Rent Exemption Made ...
In addition, note that the old tax regime has three tax slabs and higher tax rates. However, the new tax regime includes six tax slabs and lower tax rates. With the introduction of the new regime, you may get baffled. Hence, we are here to make things smoother for you. In this compl...
Income Tax Slab for New Regime (FY 2023 – 2024) Income Tax Slab Income Tax Rates Applicable for FY 2023-24 as per the new regime for HUF and all Individuals < ₹ 3,00,000 No Tax ₹ 3,00,001 to ₹ 6,00,000 5% on the income above ₹ 3,00,000 ...
» Handles tax liabilities for FY 2023-24 onwards with ease. Old Tax Regime vs. New Tax Regime: » Compare and contrast tax liabilities under both regimes for informed decisions. » Stay updated on the latest tax regulations and make strategic financial choices. House Rent Exemption Made ...
» Handles tax liabilities for FY 2023-24 onwards with ease. Old Tax Regime vs. New Tax Regime: » Compare and contrast tax liabilities under both regimes for informed decisions. » Stay updated on the latest tax regulations and make strategic financial choices. House Rent Exemption Made ...
» Handles tax liabilities for FY 2023-24 onwards with ease. Old Tax Regime vs. New Tax Regime: » Compare and contrast tax liabilities under both regimes for informed decisions. » Stay updated on the latest tax regulations and make strategic financial choices. House Rent Exemption Made ...