[ad_1] New Delhi: The finance ministry has rebutted claims regarding the new income tax regime that has been spread on the social media, creating confusions among tax payers. In an explanatory tweet, finance ministry has said, “It has come to notice that misleading information related to new tax regime is being spread on some … Read more
[ad_1] New Delhi: April 1, 2024, marks the beginning of a new financial year, bringing with it changes to income tax rules as announced by Finance Minister Nirmala Sitharaman during her Budget speech earlier this year in February. What are the changes that are taking place from the kick start of the new financial year? … Read more
[ad_1] New Delhi: As the financial year 2023-24 draws to a close, investors are on the lookout for strategies to minimize their tax liabilities and boost savings. With the availability of two income tax regime options, understanding the nuances of each can help taxpayers make informed decisions to optimize their finances. Introduction Of New Tax … Read more
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[ad_1] New Delhi: In a bid to simplify the tax structure and encourage the adoption of the new tax regime introduced in Budget 2020, the government has made significant changes in the recent Budget 2023. However, these changes have left taxpayers in a quandary, unsure whether to stick to the familiar old tax regime or embrace … Read more