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Interim Budget: Raise basic exemption limit under both regimes to counter inflation, say tax experts

Unlike the tax rebate (available on incomes up to Rs 5 lakh and Rs 7 lakh, respectively, under the old and new tax regimes), a hike in the basic exemption limit will reduce the tax liability across income slabs

Bhavesh shahPankaj mathpalNirmala sitharamanChirag chauhanHasmukh shah coFinance minister nirmala sitharamanSenior partnerHasmukh shahMoney managersUnion budgetNirmala sitharamanBasic exemption limitIncome tax

Interim Budget 2024: Will FM Sitharaman tweak income tax slabs yet again? Here s what experts said

Last Budget, the Centre brought in multiple new regulations for Income Tax. One notable announcement in relation to personal taxation was the establishment of the New Income Tax Regime as the default tax system.

Chirag chauhanNitin baijalBhavesh shahNirmala sitharamanHasmukh shah coFinance minister nirmala sitharamanInterim budgetLast budgetNew income tax regimeLok sabha electionElection commissionUnion finance minister nirmala sitharamanExecutive directorDeloitte indiaNon resident indianNew tax

Should the basic tax exemption limit be raised in Budget 2024?

Despite being a vote-on-account and most of the changes having come through in 2023, individual taxpayers could expect some concessions in this election-year Budget. However, any changes would be limited to the new tax regime, as the government seems determined to look past the old one

Bhavesh shahChirag chauhanPankaj mathpalNational democratic allianceHasmukh shah coSenior partnerHasmukh shahMoney managersBudget 2024Budget 2023Budget announcementsBudget tax measures

Bombay High Court Upholds Eviction Citing Genuine Need Of Owners Living With 11 Family Members, Says Tenant Can t Ask Landlord To Adjust

The Bombay High Court recently observed that the property owner is the best judge of his residential needs, and the tenant cannot make the landlord adjust to smaller premises to protect the.

Ajay shahSanjiv shahHasmukh shahJustice anuja prabhudessaiAppellate bench of the small causes courtSmall causes courtAppellate benchRevision applicationMaharashtra rent control actBombay high courtJustice anuja prabhudessaiEviction decreeSmall causes courtEasonable and bonafide requirementMaharashtra rent control act 1999

Landlord Best Judge Of His Residential Requirements, Tenant Cannot Dictate Terms: Bombay HC

Landlord Best Judge Of His Residential Requirements, Tenant Cannot Dictate Terms: Bombay HC
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Justice prabhudessaiJustice anuja prabhudessaiAjay shahSanjiv shahBombay high courtSmall causes courtAnuja prabhudessaiHasmukh shahSmall causesMaharashtra rent control act