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Budget 2023: Old vs new income tax regime; which is better for 10 lakh income?

In the old tax regime, total deductions will amount to ₹3.35 lakh. Net taxable income will come in at ₹6.65 lakh. Net tax payable after factoring in the education and health cess will be at ₹47,320. In the new tax regime, net taxable income will come in at ₹9.5 lakh and net tax payable at ₹54,600. However, old regime is better in which you will save ₹7,280.

Budget 2023: A look at total receipts and expenditure

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Budget 2023: Income Tax Update; Exemption limit in new tax regime raised to ₹7 lakh

Budget 2023: Allocation for specific ministries

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Economic Survey 2023: key highlights

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Adani Group: A look at the one-year returns of 7 stocks on D-Street

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Before Market Opens: 9 things to know at 9 am on March 31, 2023

Indian markets are likely to open on a muted note on Wednesday following tepid trading in Asian peers after Wall Street ended in range in overnight deals. At 8:20 am, the SGX Nifty was trading 4 points or 0.03 percent higher at 17,255, indicating a flat opening for the Indian markets.&nbsp;

Glitter of gold: BoB Economics analyses yellow metal's past trends during crises; here's what it expects

Tracking gold prices since 2016, the report observed that barring three periods, especially 2013, 2014, and 2015, gold prices have generally been on an uptrend.

Multibagger Alert! This stock turned ₹10,000 into ₹1.6 lakh in 10 years

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The stock has given multibagger returns, rallying as much as 104 percent since May 2022, when it hit its 52-week low of ₹1,714.80.

Updater Services files IPO papers with Sebi; plans to raise ₹400 crore through fresh issue

The Initial Public Offering (IPO) will comprise fresh issue of equity shares aggregating up to ₹400 crore and an Offer For Sale (OFS) of up to 1.33 crore equity shares by a promoter and existing shareholders, according to the draft red herring prospectus.

Fundraise through IPO more than halves to ₹52,116 crore in FY23 from record high in FY22

According to Prime Database, just 37 companies hit the main board listing process in FY23, much lower than 53 IPOs in FY22.

Budget 2023: Old vs new income tax regime; which is better for 10 lakh income?

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