Budget 2024 income tax: Why Rs 20 lakh and not Rs 15 lakh should be the new threshold for 30% tax rate
Tuesday, 30 January 2024 Budget 2024 income tax expectations: Income tax rates and tax slabs under the Finance Act 2023 have been reduced to five from six to make the new tax regime more lucrative. The simplified regime allows a standard deduction of Rs 50,000 per annum.
FTC Bans TurboTax , From Advertising βFreeβ Services.
On Jan. 22, the Federal Trade Commission (FTC) ruled that the tax filing software has been deceptive by advertising "free" services, CNN..
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BREAKING NEWS β On January 19, 2024, the House Ways and Means Committee overwhelmingly approved the Tax Relief for American Families and Workers Act of 2024 by a 40-3 vote. The bill provides for..