# income tax slab
3 posts in `income tax slab` tag
Big news! Changes In Income tax exemption rule
In order to claim tax exemption under Section 80G of the Income Tax Act, uploading the donation receipt certificate issued by the relevant organization when filing your income tax return is necessary. Please do so to avoid the unavailability of the tax exemption.
How To Check Your Income Tax Liability
The amount of income tax an individual is required to pay is determined by their earnings during a fiscal year and the applicable income tax slab. The income tax slabs can vary for different types of taxpayers, including individuals, Hindu undivided families (HUF), Associations of Persons (AOP), Bodies of Individuals (BOI), Foreign Companies, Domestic Companies, Firms, Limited Liability Partnerships (LLP), and Co-operative Societies.
Budget 2023: A glimpse of old vs current income tax slabs
The Finance Minister, Nirmala Sitharaman has announced a significant change in the income tax regime. The new income tax regime has seen a major update in the income tax slab rates for 2023-24.