Tue, Jul 23, 2024
New Income Tax Slabs News: What has really happened to the income tax slabs in the new income tax regime? A closer look at the income tax proposals in Finance Minister Nirmala Sitharaman's historic Budget on July 23, 2024, keeps the first tax slab of income up to Rs 3 lakh, and the highest slabs of incomes of Rs 12,00,001-Rs 15,00,000 and above Rs 15 lakh unchanged. So what has changed? The finance minister has raised the upper end of the Rs 3,00,001-6,00,000 slab by Rs 1 lakh, widened the Rs 6,00,001-9,00,000 slab by Rs 1 lakh each from both ends, and raised the lower end of the Rs 9,00,001-12,00,000 slab by Rs 1 lakh. Still confused? Read more to understand.
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Sat, Feb 03, 2024
What to pick, the old or the new tax regime? This questions bothers a lot of taxpayers whether they are new or old. While selecting the right tax regime depends on your income bracket and tax deductions that you can avail under different sections of the Income Tax Act, it is always good to do some due diligence or take expert advice. In this write-up, we tell you what Bankbazaar.com CEO Adhil Shetty says about picking the suitable tax regime.
Fri, Feb 02, 2024
Budget 2024: In this post-budget analysis interview, Shuchi Ray, Partner, Deloitte, shares valuable insights on the government's focus on establishing new medical colleges, improving maternal and child care programs, raising awareness about cervical cancer prevention, and enhancing research and development initiatives in the healthcare sector as outlined in the Interim Budget 2024.
Budget 2024: Union Minister V Muraleedharan praises the interim budget for FY 2024-25, highlighting its emphasis on infrastructure development, poverty alleviation, and women-led development under PM Awas Yojana.
Thu, Feb 01, 2024
Budget 2024: Finance Minister Nirmala Sitharaman announced several healthcare initiatives in the Interim Budget 2024-2025, including plans to establish more medical colleges, encourage cervical cancer vaccination for girls, and integrate various maternal and child health schemes. The budget also proposes to introduce the U-WIN platform for managing immunization and expand healthcare coverage under Ayushman Bharat to ASHA workers, Anganwadi workers, and helpers.
Budget 2024: Finance Minister Nirmala Sitharaman unveils initiatives to enhance farmer income, reduce food waste, and achieve self-sufficiency in agriculture. From promoting value addition to expanding research, the budget aims to empower farmers and drive sector growth.
Budget 2024: Finance Minister Nirmala Sitharaman unveils initiatives to enhance railway infrastructure, including energy, mineral, and cement corridors, port connectivity, and high traffic density corridors. The move aims to boost multi-modal connectivity, logistics efficiency, GDP growth, and passenger safety.
Finance Minister Nirmala Sitharaman announced no changes to individual and corporate tax rates or import duties in her budget speech. This means your current tax brackets remain the same.
Sat, Apr 01, 2023
April 1 is important from personal point of view as many changes kicks in. In this video, we highlight the 5 changes that will come into effect in FY24.
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