Archive for August, 2024

Budget FY 2024-25 – Tax on Salary

The Union Budget for FY 2024-25 was tabled in the Parliament by the Finance Minister of India on 23-July-2024. Here are the key proposals related to computation of tax on salary which payroll managers need to consider for FY 2024-25. Changes to tax slabs under the new regime Section 115BAC (New Regime) allows employees to […]

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