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Budget 2024: Income tax slabs changed, standard deduction increased. Read details
5 months ago

Budget 2024: Income tax slabs changed, standard deduction increased. Read details

Op India  

On Tuesday, Finance Minister Nirmala Sitharaman presented the Annual Financial Statement before the Lok Sabha. The Finance Minister has given relief to taxpayers who choose to opt for the New Tax regime as the tax slabs have been revised and the Standard deduction limit has been increased from Rs 50,000 to Rs 75,000. Personal Income Tax: The Union Finance Minister …

Finance Tax Income Tax Income Lakh Regime Sitharaman
Budget 2024 announcements on new tax regime: Standard deduction increased, check new tax slabs
5 months ago

Budget 2024 announcements on new tax regime: Standard deduction increased, check new tax slabs

India TV News  

Finance Minister Nirmala Sitharaman on Tuesday presented her seventh straight Budget for the fiscal 2024-25. Informing that fiscal deficit estimated at 4.9% of GDP, Sitharaman said that the people have reposed their faith in the government led by PM Modi and re-elected it for the historic third term. Sitharaman said, "I announce a comprehensive review of the Income Tax Act …

Tax Sitharaman
New tax regime slabs revised, standard deduction hiked to Rs 75,000. Details here
5 months ago

New tax regime slabs revised, standard deduction hiked to Rs 75,000. Details here

India Today  

Finance Minister Nirmala Sitharaman revamped income tax slabs under the new regime in Union Budget 2024 in a bid to make it more attractive. The Finance Minister said that the tweaked tax slabs would save salaried individuals Rs 17,500 annually under the new regime. The updated tax slabs are as follows: income up to Rs 3 lakh will be taxed …

Finance Tax Lakh Rs 10 Lakh Rs 3 Lakh Rs 15 Lakh Rs 7 Lakh
‘1,000-year-old’ Jaina sculptures found fitted to sluice near Hyderabad
1 year, 5 months ago

‘1,000-year-old’ Jaina sculptures found fitted to sluice near Hyderabad

The Hindu  

Two square pillars with sculptures of Jain Tirthankaras and inscriptions were found lying neglected on the outskirts of Hyderabad, at Enikepalli village in Rangareddy district’s Moinabad mandal. He said he found two pillars, one of granite and another black basalt, with the sculptures of four Jaina Tirthankaras—Adinatha, Neminatha, Parsvanatha and Vardhamana Mahavira—in a seated meditation pose carved on their four …

Jain Sivanagireddy Inscriptions Mr Jaina
Which income tax regime should salaried employees choose? Details here
1 year, 8 months ago

Which income tax regime should salaried employees choose? Details here

Hindustan Times  

With the onset of new financial year on April 1, several new income tax laws like the new tax regime being set as the default one to the increase in the tax rebate limits, came into effect. Under the new tax regime, an individual with an annual income of up to ₹ 7 lakh would not be required to pay …

Tax Pay Income Lakh Regime Income Tax Slabs
Will Govt Increase GST Rates Amid 8-Year High Inflation? Know in Details
2 years, 6 months ago

Will Govt Increase GST Rates Amid 8-Year High Inflation? Know in Details

News 18  

Even as there is a plan to revise GST rates on various products in the upcoming GST Council meet that is likely to take place in June, the proposed rate rationalisation may be delayed due to the prevailing high inflation, according to reports. There are 480 items under the 18 per cent slab, from which about 70 per cent of …

Inflation High Cent Gst Crore Collected
GST: Council May Do Away With 5% Slabs In Meet Next Month; Know In Details
2 years, 8 months ago

GST: Council May Do Away With 5% Slabs In Meet Next Month; Know In Details

News 18  

The GST Council in its meeting next month may consider a proposal to do away with the five per cent slab by moving some goods of mass consumption to three per cent and the remaining to eight per cent categories, news agency PTI reported. The Council may also decide to prune the list of exempt items by moving some of …

Council Revenue Cent Items Gst Slab