the old regime could still prove more tax efficient. The image below shows some examples. We also have given a calculator for you to compare the tax between the two regimes.
2– How to use Fisdom’s income tax calculator? 3– Income tax rates as per tax slabs – FY 2022-23 4– Income tax rebate 5– Surcharge and cess 6– Exemptions on income tax allowed under the new tax regime 7– Who should file ITR and how can one submit an income tax return?
Accounting for foreign tax paid under an Income Inclusion Regime (IIR) by a foreign parent on CFC income that would otherwise be part of the domestic corporation's global minimum tax inclusion (effective for tax years beginning after 31 December 2023) Limiting a US shareholder's dividends-receive...
Plant functional traits are morphological, physiological, and phenological qualities that affect the organism’s growth, reproduction, and survival, thereby determining performance across variations in environmental conditions (Violle et al.2007). For trees, commonly measured traits include specific leaf area...