You have to choose old or new tax slab while filing Income Tax return form but plan accordingly beforehand(if you want to save). From Apr 1 2023, Default is New Tax Regime. Before that default is new Tax Regime You can choose between the new and old tax regime in every financial year...
What would happen if I do not disclose all my active bank account details while filing income tax return in India for 2014-2015 as per new ITR Forms? If there was no corruption or tax evasion in India, what would be the required tax rates in...
Moreover there is some relief in the tax slab by way of rebate or exemptions. Hence I may be paying lesser tax in the new FY, that is what I guess.Last year was an year for pooling and consolidation for me. I do not intend to do any financial investment this year. But there is ...
incomedoesnot exceedRs.5,00,000/-isentitledfor rebateu/s87AforRs.2,000/-. Thisisinadditiontobenefitsofslabrates givenbyGovt. AY2014-15 Topics Topics • WHATIS WHATIS SALARY SALARY • ALLOWANCES ALLOWANCES • INCOMESWHICHDONOTFORMPART INCOMESWHICHDONOTFORMPART OFTOTALINCOME OFTOTALINCOME ...