Income tax slabs FY 2024-25

Budget 2024: Will your tax slabs change? Expert reveals potential changes to income tax slabs under new regime

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Budget 2024: Will your tax slabs change? Expert reveals potential changes to income tax slabs under new regime

Union Finance Minister Nirmala Sitharaman will present Budget 2024 in the Lok Sabha on Tuesday, July 23. The interim budget, presented on February 1, catered to financial requirements until a new government was formed after the Lok Sabha polls in 2024. Following that, the new government was expected to present a comprehensive budget in July. … Read more

Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime

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Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime

Are you still undecided about which income tax regime (old or new) to choose? The Budget 2023 introduced a significant change: default adoption of the new tax regime. It aims to simplify tax filing and encourage more people to opt for the new regime, which offers lower tax rates but fewer deductions and exemptions. If … Read more