Tag: income tax slabs
Posted in Finance
Your take-home salary may increase after Budget 2024: Here is why
The rumors surrounding Budget 2024 suggest that Finance Minister Nirmala Sitharaman may announce revisions to the income tax slabs. These changes are expected to benefit…
Posted in Finance
Budget 2024 highlights: Key income tax, personal finance announcements
Union Finance Minister Nirmala Sitharaman presented the interim Budget 2024 on Thursday, February 1, 2024. This is not a full Budget, but only a vote…
Posted in Economy
North Block pins hopes on large footfall for its pumped-up new income tax regime
Top finance ministry officials are betting on luring Indians’ trust to the new tax regime, after Finance Minister Nirmala Sitharaman proposed higher tax exemptions to…
Posted in Finance
Expectations from Budget 2023: Will salaried individuals get income tax relief this year?
Personal income tax (PIT), including Securities Transaction Tax (STT), constituted Rs 5,26,477 crores (net of refund) i.e., approximately 46% of the total net direct tax…