disposable income

Income Tax 2024: More relief for salaried taxpayers this Budget, should you move to New Tax Regime?

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Income Tax 2024: More relief for salaried taxpayers this Budget, should you move to New Tax Regime?

Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday tabled the Union Budget 2024-25 in the Parliament on Tuesday, wherein she introduced some changes to the direct taxes.  FM Sitharaman made notable adjustments in the Income Tax Regulations to benefit the middle-class sector. One significant change is the 50% increase in the Standard Deduction, now … Read more

Union Budget 2024: Will NDA govt boost take-home salary? Some experts feel it might not

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Union Budget 2024: Will NDA govt boost take-home salary? Some experts feel it might not

Budget 2024: There have been speculations ahead of the Union Budget 2024 that there could be potential modifications to the income tax slabs. These anticipated adjustments are predicted to be advantageous for individual taxpayers, leading to a higher disposable income. Any additional tax exemptions introduced in the upcoming budget could promptly benefit employees. Individuals receiving … Read more