Post Budget Discussion on DT Proposals 2023 by CA Anurag Sharma, CA Kanan Bahl & CA Garima Bajpai
The Finance Minister has made several announcements in Budget 2023 regarding personal income tax amendments, including an increase in the tax rebate limit, an increase in the tax-exempt income slab, an increase in the tax-exempt leave encashment limit, and so on. In addition, the benefit of the standard deduction has been extended to salaried and pensioner taxpayers, and the highest surcharge rate has been reduced under the new tax regime.
Budget 2023 direct tax proposals aim to maintain continuity and stability in taxation, simplify and rationalise various provisions to reduce compliance burden, promote entrepreneurial spirit, and provide tax relief to citizens. The Income Tax Department will continue to improve taxpayer services by making compliance simple and easy.
This Twitter Space Discussion covered - "Post Budget Discussion on DT Proposals 2023"
Speakers: CA Anurag Sharma, CA Kanan Bahl & CA Garima Bajpai
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