New Income Tax Slab

• Here’s What The Income Tax Rates & Slabs Will be in 2023!

  Several tax experts and industry bodies have urged the Government to revise Income Tax Rate in certain slabs in order to provide relief to taxpayers. Following are the income tax rates that are expected in 2023.…

• ITR 2022-23: Check Income Tax Slabs under New Regime & Last Date for Filing Returns

  Taxpayers can choose between the old and new tax regimes to file their ITR for the financial year 2021–2022 (FY22) and assessment year 2022–2023 (AY23).…

• New Income Tax Regime: Employees can Claim Exemption on Conveyance, Travel Allowance; More Details Here

  The Central Board of Direct Taxes or CBDT has issued a notification amending rules for allowing taxpayers who want to opt for the new tax regime to claim exemption for allowance so as to meet cost of travel & daily expenses on transfer, conveyance allowance…