What is Section 115BAC – The New Tax Regime?Section 115BAC, introduced in the Budget 2020, established a new tax regime effective from FY 2020-21 (AY 2021-22). This regime offers reduced…
Learn about Advance Tax according to the Income Tax Act, 1961. Understand compliance procedures, methods for revising income estimates, key deadlines, exemption criteria, applicable tax rates, and the steps to…
Hello Folks!!Today, we are going to discuss about the applicability of Income tax to NRI.So, Let’s begin!In India, the amount of taxes an individual is liable to pay is determined…
Cost inflation index for the financial year 2023-24 is 348.
