The new income tax slabs announced under the new tax regime are applicable for the incomes earned in the FY 2023-24, i.e., between April 1, 2023 and March 31, 2024.
For computing your exact amount of tax you have to consider 4 more points after this slab rates i.e. rebate u/s 87A, deductions, surcharge, health and education cess @ 4% on income tax liability
TDS on salary, governed by Section 192 of the Income Tax Act, mandates employers to withhold taxes from the salary
In a recent case involving two brothers, the GST (Goods and Services Tax) department conducted a search, also known as
House Rent Allowance (HRA) is a crucial component of an employee’s salary structure, designed to provide financial relief for accommodation expenses. This allowance is particularly significant for those residing in rented accommodations, as it offers a tax-saving opportunity under the Income Tax Act in many countries, including India.
Let suppose these are the allowances and salary mentioned in your annually salary slip. By Old Regime Your total annual
Learn the simple steps to verify whether your PAN (Permanent Account Number) and Aadhaar card are linked or not. Ensuring this crucial link is in place is essential for various financial and official transactions. Find out how to confirm the status effortlessly.
Discover a quick and easy way to link your Aadhar with PAN through our step-by-step guide. Avoid potential tax-related hassles and ensure compliance with the latest government regulations. Our comprehensive instructions will help you seamlessly link these crucial documents, making it a breeze to file your taxes and access financial services hassle-free. Stay informed and empowered with our expert tips on linking Aadhar with PAN efficiently and securely. Don’t wait any longer, safeguard your financial future today
