We also have given a calculator for you to compare the tax between the two regimes. Tax slabs rates in old and new tax regime Tax for different Income under old, new tax regime, revised new tax regime Gross inc
Budget 2023 made major changes to the income tax slabs under the new tax regime but left income tax slabs and rates unchanged for the old regime. However, taxpayers are often in a dilemma on whether to opt for the old or new regime, first announced in Budget 2020. ...
As you can see he is good with the older tax regime. Is New Tax Slab any good? I think the option of new tax slabs just complicates taxation and now you must do additional calculations – one with tax deductions and other without it.In most cases you would be better off with the ex...
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is that both views also require the state to be a functioning entity capable of creating and executing reasonably coherent policy. For the pro-IP camp, the state has to be able to administer a property regime (and a complex regulatory bureaucracy); for the commons camp, the state has to ...
“The government should come in and allow us to use the old taxes we were using before as we wait to usher in the next regime which must also come up with favourable taxes.” The main car components sourced locally include batteries, tyres, seat covers, and windows but they are ...
Politics is never far from the surface among Congolese musicians and while Fally has not openly aligned himself with any of the country’s political factions, the Paris leg of the Tokoos tour was disrupted by a group of protestors who accused him of supporting the current regime in Kinshasa,...
The new regime sees a reduction in Vehicle Registration Tax (VRT) and ordinary motor tax for cars with lower CO2 emissions and an increase for cars that give out higher levels of CO2. Under the old rules both VRT and car tax were based on engine size. Car bought before today will...
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The new Consumer Protection Act 2019 came into force on the 20th of July. The act will replace the 34 years old act