New GST Slabs May be Implemented Before Diwali, Four Slabs Will be Reduced to Only Two
– Advertisement – The central government has sent a major proposal for new GST slabs, under which it is planned to reduce the existing four slabs to just two rates — 5% and 18%. This proposal has been sent to the Rate Rationalization GoM and the state governments. The government has suggested that GST rates […]
Income Tax Slabs: New Income Tax Slabs For Financial Year 2021-22 And Assessment Year 2022-23
Income Tax Slabs: New Income Tax Slabs For Financial Year 2021-22 And Assessment Year 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 […]
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 […]
Income Tax Slabs: New Income Tax Slabs For Financial Year 2021-22 And Assessment Year 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 […]