said that this scheme shall bring relief in personal tax and simplify taxation. The new regime provides an option to avail ...

The new tax regime is the default option for the Assessment Year (AY) 2024–2025 and taxpayers will be automatically assessed under this regime if they don' choose on their own. Also Read ...

The government is undertaking ... tax slabs THERE IS A need to review and reduce the number of tax brackets in personal taxation. Directionally, the government’s thrust towards the new tax ...

its abolishment and replacement with a new tax regime for foreign income and gains based on residence, the details of which are beyond the scope of this article). Such individuals will need to ...