New changes in income tax rules from April? FinMin clarifies
The government clarifies the new tax regime is the "default tax regime"
standard deduction
April 2024
February 2024
February 2023
January 2022
Budget 2023 Tax Reforms: How much taxes do you save?
When compared with the old tax regime, income tax rates under the new proposed tax regime are undoubtedly higher, says Aarti Raote of Deloitte India.
Budget 2023: Modi govt announces 5 major changes in income tax
FM proposes to increase personal I-T rebate limit to ₹7 lakh under new tax regime; to cut total slabs to 5 and increase exemption limit to ₹3 lakh
Budget 2022 expectations: Tax cuts, WFH relief on taxpayers' wishlist
Deloitte India has recommended an additional ₹50,000 'work from home' allowance for taxpayers in the upcoming budget.
Budget 2022: 80C, PPF, LTCG relief key demands as tax cut hopes recede
A growing view ahead of the budget is that the exemption limit of ₹1.5 lakh, which has not been changed since 2014, now needs to be revised.
