2025 Tax Guide
2025 Tax Guide. The latest budget for 2023 has introduced some significant changes to the income tax slabs in the new tax regime, aimed at making it more appealing to individual. The new tax regime aims to simplify income tax for individual taxpayers by offering lower tax rates in exchange for preceding most deductions and exemptions.
Income tax expectations budget 2024: Key changes in direct tax vide the finance bill 2024:
Revamping Tax Slab Benefits Union Budget 2023 Made Significant Changes To The New Personal Tax Regime Tax Slabs Such As An Increase In The Basic Exemption Limit.
Income tax expectations budget 2024:
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As per experts, it is expected that in union budget 2024, the limit for section 80c will be raised to rs 2 lakhs from rs 1.5 lakh.
2025 Tax Guide Images References :
Education Cess Is Applicable @ 4% On Income Tax.
The latest budget for 2023 has introduced some significant changes to the income tax slabs in the new tax regime, aimed at making it more appealing to individual.
The New Tax Regime Aims To Simplify Income Tax For Individual Taxpayers By Offering Lower Tax Rates In Exchange For Preceding Most Deductions And Exemptions.
No change in income tax rates, surcharge, threshold limits of income tax, deduction/ exemptions prescribed.