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Income Tax 2024 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India s direct tax collections surge 17 7% in FY 2023-24, exceeding budget estimates

India s direct tax revenue for fiscal year 2023-24 showcased impressive growth, reaching ₹19.58 lakh crore, a 17.7% increase from the previous year and surpassing both original and revised budget estimates, signaling a robust economic performance.

New income tax regime: Here s how employees can claim these deductions

The employer's Form 16, which details the taxes withheld from employee salaries during the fiscal year, includes Part B, which shows this deduction.

The Canada Revenue Agency Plans To Review The Benefits Of Almost 200,000 Canadians

Canadians should watch for any letters sent from the CRA notifying them that their government benefits are being reviewed this year as the Canada Revenue Agency (CRA) has announced that it will review the benefits for around 200,000 Canadian residents in 2024.

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