There are various cases in which an employee might obtain the salary arrears for the present year for any previous year’s left dues to furnish the amendments. The tax payable for the present year is much more when the other arrear gets added to the income of the prevailing year. This is...
Which tax regime should I choose?There is no right answer to it. You should evaluate the benefits of the old tax regime and new tax regime before choosing the one that works better for you. Comparison of Taxes: Old Regime vs. New Regime FY 2022-23 Annual Income Slab Old Regime New ...