WebFeb 8, 2024 · The Country had witnessed the tax rates from a high of 97.75 per cent with 11 tax slabs to a tax rate of 30 per cent with 3 slabs. India with her taxation has covered a long distance and yet going on. Income Tax Slab Rate 2024-22. In the 2024-22 union budget, Finance Minister Nirmala Sitharaman announced no change in Income Tax slabs and rates. Web2 days ago · DPIIT has raised startups' concerns over angel tax and the calculation of their fair market valuation with the finance ministry. This discussion comes amid declining …
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Web1 day ago · In their second meeting under India’s G-20 presidency, Finance Ministers discussed debt distress, challenges to the global economy, cryptocurrency and transparency in international taxation in ... Web1 day ago · India Business News: WASHINGTON: Union finance minister Nirmala Sitharaman on Thursday said that there was a greater acceptance among Group of 20 (G20) member countries th. bp1400e embroidery machine
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WebMatters dealt with in the Foreign Tax and Tax Research Division, except matters under Section 80-O of the Income-tax Act, 1961. Ensure that the Cabinet decisions are implemented; Advise the Finance Minister of India. All matters relating to Central and Regional Direct Taxes Advisory Committees and Consultative Committee of the Parliament. Web22 hours ago · 2. Increase in basic exemption amount under new tax regime. The basic exemption level has increased as a result of adjustments made to the income tax slabs under the new tax system. The basic exemption amount under the new tax system has increased by 50,000 rupees from Rs 2.5 lakh to Rs 3 lakh. 3. Web17 hours ago · New Delhi, Apr 14 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce has reached out to the Finance Ministry over the apprehension related to ‘Angel Tax’ concerning the startup community India. It has raised issues with the Finance Ministry on the ‘Angel Tax’ in the Finance Bill, … bp 136/80 is considered