new tax regime applicable till AY 2023-24 and Revised new Tax Regime applicable from AY 2024-25.Now taxpayer has a choice to Take Deductions and stick with the old tax slabs and not take deductions and opt for
(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 choose to pay tax as per the old regime will be...
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12, 2024 Food Drives Wholesale Inflation A report on prices paid by businesses adds to the data showing inflation is not coming down as fast as had been anticipated. Tim SmartDec. 12, 2024 How Assad’s Fall Reshapes the Mideast The full consequences of the country’s abrupt...
keyquestionsforgovernmentsin capturingresource rentsincludewhethertotaxex-anteor ex-post; to tax stock(upfront bonuses)orflows (profit taxes); to tax on a project basis or on a company basis (with exploration andfai led projects included);andtoapplya uniformtaxregimeforal l projectsor negotiate ...