Tag: tax slabs
Posted in Economy
Capital gains tax rationalisation was industry’s demand, says Revenue Secy
Revenue secretary Sanjay Malhotra Friday defended the government’s decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of…
Posted in Business
Budget 2024: Is the new income tax regime beneficial for all salaried taxpayers?
The government is nudging salaried income taxpayers to move to a new regime, which it says is simpler and offers lower rates of taxes. The…
Posted in Business
Union Budget 2024: 6 new changes to income tax that the new budget may bring
As the Union Budget 2024 is scheduled to be presented on July 23 by Finance Minister Nirmala Sitharaman, there are expectations of multiple changes in…
Posted in Economy
Finance Minister Nirmala Sitharaman explains rationale of new income tax regime
Finance Minister Nirmala Sitharaman today said that Budget proposals under the new income tax regime will leave more money in the hands of the people…