New GST slab- Government has reduced GST rates, know what will be cheaper…

– Advertisement – A major change has been made in the GST rates in the country. The Group of Ministers (GoM) on GST rates, headed by Bihar Deputy Chief Minister Samrat Chaudhary, has approved the Centre’s proposal. Under this, the existing four slabs will be abolished and now only two slabs will remain, 5% and […]

Income Tax Slabs: Latest income tax slab rates for FY 2021-22 and 2022-23

Indian Income tax levies tax on individual taxpayers on the basis of a slab system. Slab system means different tax rates are prescribed for different ranges of income. It means the tax rates keep increasing with an increase in the income of the taxpayer. This type of taxation enables progressive […]