Tag: salaried employees

Salaried taxpayers will continue to be eligible for a standard deduction of only <span class=
Posted in Business

Budget 2024: Standard deduction raised to Rs. 75,000 under new tax regime. How will it benefit salaried class?

While presenting the Union Budget for 2024-25 in the Lok Sabha, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees…

Continue Reading
Under the new tax regime, an individual with an annual income of up to <span class=
Posted in Business

Which income tax regime should salaried employees choose? Details here

With the onset of new financial year on April 1, several new income tax laws like the new tax regime being set as the default…

Continue Reading