The latest budget includes lower tax rates under the new regime. Income Tax is calculated on income earned by all individuals, partnership firms, and corporates as per the Income Tax Act of India. The new budget does not offer any changes in tax calculation for contract employees.
❓FAQs: To read more about Budget changes for FY 2023-24, click here.
- To learn more about the Tax Slabs of budget changes, click here.
- To learn more about the recent Budget changes for FY 2023-24, click here.
▶Video: To watch a video on Budget changes for FY 2023-24, click here.
📢Product Update- To read about the product update, click here.