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"New Tax Regime"

Latest news and video coverage curated from trusted media outlets

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Income tax 2023: Know how to save income tax on salary under new tax regime

Income tax 2023: FM Nirmala Sitharaman has announced the rebate limit for individual taxpayers which has been increased from Rs 5 lakh to Rs 7 lakh.
DNA - Published

New Tax Regime 2023: Revamped I-T Regime to Get 'Fabulous' Response, Says Income Tax Official

The new tax regime will be more beneficial for a person who does not have enough investments to claim I-T deductions. 
Zee News - Published

Union Budget 2023: 1cr in Rs 5-7L income range to gain from new tax regime

Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, data available with the..
IndiaTimes - Published

Income Tax Rule 2023: Did New Slabs Confuse You Regarding ZERO Tax on Income up to Rs 7 Lakh? Check This Tax Computation

In order to address the confusion amongst people on the proposed slab rates of the new tax regime and also how Rs 7 lakhs is going to be tax free, here is the reference point that needs to be..
Zee News - Published

Move to new tax regime stokes concern over investments in insurance, mutual funds


newKerala.com - Published

New tax regime not for the middle class, says Mumbai-based civic activist

Mumbai-based civic activist believes the new tax regime would eventually end the habit of saving, but industrialists see it as an opportunity for investment in safe assets, like home
Mid-Day - Published

Budget 2023: Finance minister says no tax on income up to Rs 7 lakh

Basic exemption limit raised to Rs 3 lakh from existing Rs 2.5 lakh and standard deduction of Rs 50,000 allowed under new tax regime; expert says move a push to make salaried class shift from old one
Mid-Day - Published

FM Sitharaman applies Amrit-anjan balm to give middle class relief

Finance minister Nirmala Sitharaman on Wednesday said the Union Budget 2023 seeks to make it more attractive for individuals to move to the new tax regime and is aimed at benefiting the middle class...
IndiaTimes - Published

Switch hit: FM Sitharaman bats for new tax regime

Finance minister Nirmala Sitharaman has given the beleaguered tax-paying middle class a shot in the arm while seeking to make the new income tax regime more attractive. She has proposed incentives for..
IndiaTimes - Published

New tax regime may not be necessarily beneficial for all taxpayers: Experts


newKerala.com - Published

Income Tax New Slabs: How much tax can you save? Read these calculations

After the announcement of the Union Budget 2023, the new tax regime has brought on many benefits for the salary class people when it comes to savings.
DNA - Published

Union Budget 2023: What is New Tax Regime and its income tax slabs? Know how much tax you'll pay

The introduction and implementation of the New Tax Regime will take place after the announcement of the Union Budget 2023 today.
DNA - Published

Budget Relief: No tax for income up to Rs 7L in new tax regime


newKerala.com - Published

'Substantial changes' made in personal I-T in Budget, new tax regime now more attractive: Sitharaman

The Budget 2023-24 has proposed changes in the optional tax regime, which was introduced in 2020-21.Speaking to reporters after presentation of the Budget, Sitharaman said the country has been waiting..
IndiaTimes - Published

#Middleclass trends on Twitter after Budget 2023 revealed no income tax up to Rs 7 lakh, netizens share best memes

Budget 2023: Finance Minister has also announced five slabs in the new tax regime.
DNA - Published

New tax regime vs old : How much tax will you save

New income tax regime explained: Which income tax regime should you opt for? We analyse the income tax outgo in the existing regular income tax regime, the current concessional income tax regime, and..
IndiaTimes - Published

Budget 2023: `Huge Relief to Middle Class`, Says Rajnath as FM Sitharaman Increases Income tax Rebate limit

In the Budget for 2023-24, Finance Minister Nirmala Sitharaman tweaked the slabs to provide some relief to the middle class by announcing that no tax would be levied on annual income of up to Rs 7 lakh..
Zee News - Published

New Income Tax Slabs explained: Who will pay zero tax? How much tax will you pay with Rs 9 lakh salary?

The new Income Tax slab will only be applicable on those who opt for the new tax regime. This means those who use the old tax regime will have to pay taxes according to the old tax structure.
DNA - Published

Income Tax Slabs in Union Budget 2023-24: Zero tax for income up to Rs 7 lakh

The Union Finance Minister Nirmala Sitharaman announced that income tax rebate limit increased to Rs 7 lakh in new tax regime.
DNA - Published

Income Tax 2023: Difference between old tax regime, new tax regime? Details of old and new tax slabs

Income Tax 2023, old tax slab vs new tax lab: Under the new system, if your salary is Rs 6 lakh, your tax liability will be Rs 23,400.
DNA - Published

Biocon Q2FY23 Revenue at Rs. 2,384 Cr., Up 23 percent; Core EBITDA at Rs. 816 Cr., Up 34 percent Gross R&D Spend at Rs. 252 Crore, Up 52 percent

biocon q2fy23 revenue at rs. 2,384 cr., up 23 percent; core ebitda at rs. 816 cr., up 34 percent gross r&d spend at rs. 252 crore, up 52 percent
*Biocon Ltd.* (BSE code: 532523, NSE: BIOCON), an innovation-led global biopharmaceuticals company, today announced its consolidated financial results for the second quarter ended September 30,..
NewsVoir - Published

Mumbai: BMC to miss property tax target again

With just Rs 904 cr collected until October, civic body likely to miss Rs 7K cr goal; blames non-implementation of new tax regime
Mid-Day - Published

Finland: Finland Plans To Introduce Exit Tax For Private Individuals As Of 1 January 2023 - HPP Attorneys

The new tax regime is targeted to combat aggressive tax planning but is an exit tax the correct measure given the points raised by the critics.
Mondaq - Published

Finance ministry will review tax regime free of exemptions

The finance ministry is proposing to soon review the exemption-free new tax regime with a view to making it more attractive for individual income taxpayers, sources have said.
IndiaTimes - Published

EPFO New Tax Regime: 10 important things subscribers should know about new rules

According to the latest changes in EPFO rules, investors will now have to pay tax on interest on provident fund (PF) contributions starting April 1, 2022. 
Zee News - Published

Crypto tax after March 31: Should you withdraw or stay put?

Cryptocurrencies are soon going to be taxed in the same way the government taxes lottery winnings. The decision was made public during the Budget 2022 speech. The new tax regime is worrying investors..
BGR India - Published

Decision to ban cryptocurrencies in India still pending: Finance Minister

During the Budget session this year, the Finance Ministry touched upon the very sensitive topic of cryptocurrencies. Finance Minister Nirmala Sitharaman announced a new tax regime for digital assets...
BGR India - Published