Income Tax Reforms from April 1, 2024: 7 points you need to know
As the fiscal year 2024-25 kicks off on April 1, 2024, taxpayers brace themselves for a slew of revisions in the income tax regime. Unveiled during Finance Minister Nirmala Sitharaman’s budget speech, these changes promise to reshape the tax landscape. Let’s delve into the details: 1. Default Tax Regime and Flexibility: From April 1, taxpayers … Read more
