Changes to the Income Tax Beginning on April 1, 2023: The New Income Tax Regime Will Be the Definitive Regime Beginning on April 1, 2023, the New Income Tax Regime will be the Definitive Regime. Assessee can in any case pick old Expense system. The standard deduction for taxable income exceeding Rs.15.5 lakhs will be 52,500 if pensioners and salaried […]
