Introduction Income tax planning is a vital aspect of personal finance. One of the most significant sections in the Indian Income Tax Act is Section 80C. In this article, we will delve into the details of Section 80C, breaking down its various aspects and offering insights into how you can maximize its benefits to optimize […]
Relief for taxpayers who marginally earn more than Rs 7 lakh as per Budget 2023 | With Auto Calculate Income Tax Preparation Software All in One for the Government and Non-Government Employees for the F.Y.2023-24 and A.Y.2024-25
Relief for taxpayers who marginally earn more than Rs 7 lakh as per Budget 2023| People earning income marginally above the maximum tax of Rs 7 is required to pay tax only on differential income. Providing relief to taxpayers opting for a new tax system, the government amended the Finance Bill 2023 and passed it in the Lok […]