Archive for 2023

Budget FY 2023-24 – Tax on Salary

The Union Budget for FY 2023-24 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2023. Here are the key proposals related to computation of tax on salary which payroll managers need to consider for FY 2023-24, effective 01-Apr-2023. Changes to tax slabs under the new regime Section 115BAC (New Regime) allows […]

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