Budget 2024 has introduced significant changes to the new tax regime, offering increased tax relief by revising income tax slabs and enhancing standard deductions. Taxpayers now face a crucial decision:…
Various Threshold Limits under the Income Tax Act [AY 2023-24] S.N.ParticularsThreshold LimitsA.Basic Exemption1.Maximum amount of income which is not chargeable to Income-tax in case of Individual, HUF/ AOP/ BOI/ Artificial…
Clarifications on various provisions relating to tax deduction at source regarding changes introduced through Finance Act, 1995 Income Tax Acts The Finance Act, 1995, has enlarged the scope of income-tax…