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Lower effective tax rate of 39% instead of 42.74% in top bracket of new tax regime; here's how marginal relief works

Surcharge on income: Individuals having income(s) above Rs 50 lakh have to pay an additional tax known as surcharge . Budget 2023 made Surcharge rate applicable on the highest income slab to 25% from 37%. Abhishek Soni from Tax2Win says, "This move brought down the effective tax rate from 42.74% to 39%." ....

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Self-employed? Here's everything you need to know for the new tax year

Tax experts at SJD Accountancy share a checklist of all the tax changes set to impact the self-employed in the UK from April 2023 ....

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New Income Tax Regime for FY 2023-24: Know what are the tax rebates, deductions for salaried individuals and pensioners

India s Finance Minister announces significant changes to income tax regime for FY 2023-24.

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Amendments in finance bill: debt funds take a blow

The Finance Bill, 2023, was passed in Parliament with 64 additional amendments ....

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Corporate Tax Rates by Country | Corporate Tax Trends

New report compiles 2022 corporate tax rates around the world and compares corporate tax rates by country. See the latest 2022 corporate tax trends. ....

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