tax regime Tag

Key Highlights of Budget 2023

On February 1st, 2023, Nirmala Sitharaman, the Finance Minister, unveiled the Union Budget 2023. The budget, which took into account the government’s future plans and benefits for taxpayers, appears to be in line with expectations. From the highly anticipated tax relief for the salaried class to the impact on the insurance industry, here are the major highlights of the Union Budget...

How to select a suitable Tax regime for Yourself?

Our respected Finance Minister came up with an option of opting for an old or new tax regime whichever is beneficial to the taxpayer. Both the regimes have their own pros and cons of their own. This article will sum up the benefits as well as downsides of both the regimes which will help you in choosing a suitable regime for yourself. Let’s see what Old Tax Regime was all about: The old...