Tax on Online Gamming : 115BBJ | Latest

(8 min Read) Section 115BBJ.  How do I pay tax on online game? (Tax on online gamming)  After section 115BBI of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2024, namely:––Tax on winnings from online games.‘115BBJ. (Tax on online gamming) Notwithstanding anything contained in any other … Read more

Indian Tax || New Section 80CCH Agniveer Corpus Fund

(Read 4 Min) Section 80CCH – Contribution to Agnipath Scheme   After section 80CCG of the Income-tax Act, the following section shall be inserted, namely:––  Deduction in respect of contribution to Agnipath Scheme. ‘80CCH.  (1) Where an assessee, being an individual enrolled in the Agnipath Scheme and subscribing to theAgniveer Corpus Fund on or after … Read more

New Slab rate for AY 2024-25 (FY 23-24)

   Benefits for opting new personal tax regime (Section 115BAC) Welcome Patrons!!! Get your self ready for upcoming FY 2023-24. Understand the tax slabs and Plan your finance and save money wisely. Key Benefits to opt in new regime from 01.04.2023  Slab wise tax saving Comparison:-      Income (Rs)     FY 2022-23(Rs)   FY 2023-24(Rs)  … Read more