Latest News

Find the latest news regarding Taxes in India and around the world. We endeavour to curate well researched news articles and various information regarding the latest happenings in the world of Taxes. If you would like to contribute just signup and contact us by writhing to [email protected]. Happy Reading!

Showing 1-3 of 3 items.
sample52

An individual can save income tax on the donations made. Section 80G of the Income-tax Act, 1961 allows individuals to save tax on the donations made to the specified institutions. Thus deduction can be claimed only if an individual opts for old tax regime for a particular financial year. Read on to know how this section can help individuals to save income t

sample52

Income tax slabs FY 2023-24: Here are the income tax slabs for current FY 2023-24 under new and old tax regimes. Currently, there are two income tax regimes from which a salaried individual has to choose one every year. The old income tax regime continues with existing tax exemptions and deductions. The new income tax regime offers lower income tax rates wit

sample52

In the month of April, a salaried employee is required to communicate about the preferred tax regime option to their employers. As Budget 2023, has announced many changes under the income tax laws. This makes it important for salaried employees to analyse both the income tax regime and then communicate the same to the employer.