Income Tax

New income-tax regime wants tweaks to get extra enticing: Income secretary Tarun BajajNew income-tax regime wants tweaks to get extra enticing: Income secretary Tarun Bajaj

New income-tax regime wants tweaks to get extra enticing: Income secretary Tarun Bajaj

[ad_1] Income secretary Tarun Bajaj has stated that the brand new exemption-free income-tax regime must be tweaked to make it…

2 years ago
What’s surcharge on earnings tax? Here is how one can calculate itWhat’s surcharge on earnings tax? Here is how one can calculate it

What’s surcharge on earnings tax? Here is how one can calculate it

[ad_1] Calculating tax has all the time been an uphill job. From the classification of earnings to the dedication of…

2 years ago
Earnings Tax Dept detects Rs 1300 cr black cash after raids in KarnatakaEarnings Tax Dept detects Rs 1300 cr black cash after raids in Karnataka

Earnings Tax Dept detects Rs 1300 cr black cash after raids in Karnataka

[ad_1] The Earnings Tax (IT) Division on Thursday knowledgeable that it has detected Rs 1300 crore unaccounted earnings after raids…

2 years ago
Govt on monitor for bumper tax collections this fiscal yrGovt on monitor for bumper tax collections this fiscal yr

Govt on monitor for bumper tax collections this fiscal yr

[ad_1] Direct tax collections for fiscal 2022-23 are anticipated to surpass the funds goal by no less than Rs 1.5…

2 years ago
40% of households can pay no federal earnings tax this 12 months. Why that is excellent news.40% of households can pay no federal earnings tax this 12 months. Why that is excellent news.

40% of households can pay no federal earnings tax this 12 months. Why that is excellent news.

[ad_1] Tens of millions of employees are bouncing again — and making sufficient cash to pay Uncle Sam.Some 72.5 million…

2 years ago
Tax incentives and breaks may also help start-ups innovate: NASSCOM reportTax incentives and breaks may also help start-ups innovate: NASSCOM report

Tax incentives and breaks may also help start-ups innovate: NASSCOM report

[ad_1] Tax incentives and breaks for corporates and start-ups may also help foster open innovation, says a report by NASSCOM.…

2 years ago
How inflation impacts 2023 tax brackets: You might get an surprising ‘tax minimize’How inflation impacts 2023 tax brackets: You might get an surprising ‘tax minimize’

How inflation impacts 2023 tax brackets: You might get an surprising ‘tax minimize’

[ad_1] As you in all probability know, the federal revenue tax charge brackets, and plenty of different federal tax parameters,…

2 years ago