In her budget speech, the minister made five major announcements in regard to personal income tax, saying these primarily benefit hard-working middle class
Finance Minister Nirmala Sitharaman declared five major announcements in the new tax regime including an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.
Bangalore (Karnataka) [India], February 1 (ANI/PRNewswire): The ffreedom App, a revolutionary platform that empowers farmers and small business owners in India to increase their income and achieve financial freedom, has reached a major milestone by crossing 10 million downloads on the Google
Bihar Industries Association president Arun Agarwal on Wednesday said that the income tax rebate announced by Finance Minister Nirmala Sitharaman is according to the expectations, however, there was no major announcement for Bihar which came as a disappointment.
Noida (Uttar Pradesh) [India], February 1 (ANI/NewsVoir): Max Financial Services Limited (MFSL) today announced its financial results for the third quarter (Q3) and nine months (9M) of the financial year of FY23. In the 9MFY23, MFSL reported consolidated revenues of Rs 21,497 Crore, 3 per ce
Speaking on the Personal Income Tax rebate in the new tax regime, Sinha said, "Middle class will benefit most from this year's budget. Consumption will increase due to this move and the economy will further boost."
Union Finance Minister Nirmala Sitharaman, during the Budget session today, announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.
In her Budget speech, finance minister Nirmala Sitharaman announced an agriculture accelerator fund, which will be set up to encourage agri startups by young entrepreneurs in rural areas.
In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.
New Delhi [India], February 1 (ANI/SRV): Within a month of its launch, Decenpool, a cutting-edge decentralized passive income platform for cryptocurrency and blockchain trading, has already onboarded around 650 users, signalling a rapid growth in user base. The impressive growth is attracted