Enjoy the benefits of the normal U/s 115 BAC exemption in the new tax regime for F.Y.2023-24 as per Budget 2023| With Automated Excel Income Tax Preparation Software for Non-Government (Private) Employees for the 2023-24 Fiscal Year as per the 2023 Budget

New tax regime

What is the Standard Deduction?  Enjoy the benefits of the normal U/s 115 BAC exemption in the new tax regime for F.Y.2023-24 as per Budget 2023| The term standard deduction refers to the tax-free portion of income that can be used to reduce your taxes. Therefore, Now, income taxpayers can take advantage of the conventional exemption in the tax declaration even after the declaration of the ITR of the new tax regime. The standard deduction under the new tax regime U/s 115 BAC  The standard deduction benefit available to salaried workers and pensioners (including…

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How to pay less tax in F.Y. 2023-24| With Auto Calculate and Auto Preparation Excel Based Software All in One for the Govt and Non-Govt Employees for the F.Y.2023-24 and A.Y.2024-25 with Form 10E

Tax Slab for A.Y.2024-25

How to pay less tax in F.Y. 2023-24| The beginning of the new tax year is a good time to reassess your finances and also explore possible changes that can help you save taxes and maximize your wealth.  The growing season is about to begin. While a higher salary is always good news, it comes with the backlash of higher taxes. In some cases, the increase may lead the individual to a higher tax slab. For example, if a person with an income of Rs 10 lakhs gets a 20% raise, his tax rate changes…

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