What are the income tax expectations of the salary class from the budget? Let’s find out.
As per reports, the government is considering increasing the tax exemption limit to Rs 25,000.
If the NDA government increases the limit of the standard deduction in Union Budget 2024, it will increase the disposable income of salaried individua
It is expected that the budget might take steps to boost spending, including cuts in tax rates
The government is considering measures exceeding ₹50,000 crore in the upcoming budget to boost spending. This includes cuts in tax rates for low-inc
To boost consumption, income tax rates could be reduced. The aim is to benefit lower income groups, whether salaried individuals or small business own
If you are a salaried individual, it's beneficial to wait a little before filing your returns as updated AIS and 26AS would be uploaded on the site
When changing jobs in a financial year, employees should share salary details from the previous company to the new company using Form 12B
ITR: If your gross total income does not exceed the basic exemption limit, you won't be liable to pay penalty for late filing.
It is better to file your tax early as it will help to have peace of mind by avoiding penalties. It will also help in getting your refund if any.