What Has Changed Between the New and Old Tax Regimes?
I propose to increase the rebate limit to ₹ 7 lahks in the new tax regime. Assume your annual pay is Rs. It will be taxed by dividing the total into slabs. Individual taxpayers’ rebate ceiling has been raised from 5 lahks to 7 lahks per year by Finance Minister Nirmala Sitharaman. “..Currently, those with … Read more