Tag: tax deductions

Tax: Number of taxpayers increases 86 pc in last 9 years: CBDT data
Posted in Economy

Tax: Number of taxpayers increases 86 pc in last 9 years: CBDT data

The number of taxpayers in the country rose 82 per cent 2014-15 and 2023-24, while direct tax receipts were up 182 per cent in the…

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Union Finance Minister Nirmala Sitharaman (PTI)
Posted in Business

Union Budget 2024: These mutual fund investors will benefit if Section 80C limit is increased

As Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2024 on July 23, expectations are that there may be multiple changes to…

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Income Tax Bonanza in Budget 2024: Will FM Sitharaman make new tax regime attractive in Budget? Changes taxpayers want
Posted in Finance

Income Tax Bonanza in Budget 2024: Will FM Sitharaman make new tax regime attractive in Budget? Changes taxpayers want

The new income tax regime, also known as the concessional tax regime, is designed to offer lower tax rates for individual taxpayers compared to the…

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