Tag: tax deductions
Posted in Economy
Tax: Number of taxpayers increases 86 pc in last 9 years: CBDT data
October 18, 2024 Leave a Comment on 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…
Posted in Business
Union Budget 2024: These mutual fund investors will benefit if Section 80C limit is increased
July 22, 2024 Leave a Comment on 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…
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…