Old or new tax regime – What is useful for you as per Budget 2023 | Finance Minister Nirmala Sitharaman presented the last complete budget of the Modi government ahead of next year’s parliamentary elections, scheduled for April-May 2024. The cost of living has increased in recent years, which has increased inflationary pressures. The Union Budget 2023 can add more value to taxpayers […]
Deduction Under Chapter VIA of Income Tax for the Old Tax Regime| With Auto Calculate Income Tax Preparation Software All in One in Excel for the A.Y.2024-25
Deduction Under Chapter VIA of Income Tax for the Old Tax Regime| Are You perplexed about the intricacies of income tax deductions under Chapter VIA for the old tax regime? Fear not, as we delve into the details of this important topic, shedding light on its significance, eligibility criteria, and benefits. Therefore, In this comprehensive guide, we’ll […]
Deductions in the New Tax Regime of the Budget 2023-24| With Auto Calculate Income Tax Preparation Software in Excel for the Government and Private Employees for the F.Y.2023-24 and A.Y.2024-25
The Union Government introduced a new tax regime pursuant to Section 115BAC in the 2020 Budget with concessional tax rates. In the Finance Budget 2023 income tax regime U/s 115 BAC, the government has introduced the Below given main changes for the financial year (F.Y) 2023-24: Income tax slabs for the A.Y.2024-25 Up to Rs. 3 lakhs NIL Rs. […]
Download All-in-one Income Tax Calculator for West Bengal Government Employees for F.Y 2023-24 and A.Y 2024-25 with Budget Update 2023 relating to deduction limits for income tax – see details here
Download All-In-One Income Tax Calculator for West Bengal Government Employees for Financial Year 2023-24 and Assessment Year 2024-25 Budget 2023 contains 5 important announcements on personal income tax. In this budget, the new tax regime becomes the standard tax regime. But taxpayers will have the option of choosing the old regime. Know everything. The standard deduction limit has been increased for salaried […]