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Explained: The Benefits Of Selecting The New Tax Regime

There is a rebate that is available under Section 87A of the Income Tax Act. This reduces the tax that you have to pay if the taxable income is below a certain limit.

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Budget 2023: Here s How Common Man Can Save Income Tax on Salary In New Tax Regime

Income Tax Saving Latest Update: For salaried employees, the standard deduction of Rs 50,000 is allowed, meaning, they will not pay any tax for Rs 7.5 lakh salary. aaa

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Govt wants to move to simple, exemption free tax regime: Revenue Secretary

Introduced in 2020-21, the new tax regime is being pushed by the government with a tweak in rate structures and more exemptions

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Union Budget 2023: What is New Tax Regime and its income tax slabs? Know how much tax you ll pay

The introduction and implementation of the New Tax Regime will take place after the announcement of the Union Budget 2023 today.

Nirmala sitharamanUnion budgetFinance minister nirmala sitharamanNew taxNew tax regimeNew personal income tax regimeNew income tax regimeUnion budget 2023Budget 2023Income taxIncome tax slabsIncome tax rulesNew tax regimeOld tax regimeNew income tax rulesEw itr regime

Union Budget 2023: Chuna laga diya say netizens on the new Income-Tax regime

The revised tax slabs under the new Income-Tax regime has prompted a lot of reactions from Twitter users.

Nirmala sitharamanAashutosh srivastavaUnion budgetBudget sessionFinance minister nirmala sitharamanRevised tax slabsNew income tax regimeOld income tax regimeIncome taxUnion budget 2023Budget 2023

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