Income Tax Slab Under the Old Tax Regime To minimise your taxable income, you could claim tax exemptions on HRA and LTA, as well as deductions under other sections, such as Section 80C, 80D, and 80TTA under the old tax regime.
Tax Calculator choose old or new tax regime Video on how to choose old or new Tax slab Choose the old or new tax regime for FY 2022-23 Revised New Tax Regime from AY 2024-25 Tax rebate on an income of up to ₹7 lakhs has been introduced under the new tax regime. This means tha...
As per the new income tax regime for FY 2023-24 (AY 2024-25), the rebate under Section 87A has been increased from Rs. 5 lakhs to Rs. 7 lakhs. Thus, individuals with a net taxable income of up to Rs. 7 lakh can avail tax rebate u/s 87A under the new tax regime. Those who...
CA Karan Batra, Founder and CEO CharteredClub.com, said, “Such a heavy site is being made live in the peak season with so many bugs and errors is not something which the taxpayers will appreciate.”May to October is the peak season, when there is a lot of load on the income tax we...
In 2023, the GST councilannounceda 28% GST levy that would apply to the total game value for online gaming, horse racing, and casinos. This, in effect,equatedskill-based online games (non-gambling games) with online games of chance (gambling games) under India’s tax regime and was met...