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Budget 2023: Old vs new income tax regime; which is better for 30 lakh income?

In the old tax regime, total deductions will amount to ₹4.35 lakh. Net taxable income will come in at ₹25.65 lakh. Net tax payable after factoring in the education and health cess will be at ₹6.05 lakh. It will come in at ₹6.08 lakh under the new tax regime. However, old regime is slightly better in which you will save ₹3,120.

Budget 2023: Old vs new income tax regime; which is better for 20 lakh income?

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

Budget 2023: A look at total receipts and expenditure

Budget 2023: Money allocation to major schemes

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

Budget 2023: Allocation for specific ministries

Budget 2023: Where the rupee comes from and where it goes

Economic Survey 2023: key highlights

Union Budget 2022-23: Total income and expenditure

Dormant demat account: Why is it necessary to monitor and reactivate it?

Demat accounts are a secure and convenient way to store and trade shares electronically. It is important to monitor dormant demat accounts and take proactive steps to reactivate them to protect financial interests and prevent fraud.

Market may continue to correct over medium term; money-making opportunities are few, says Sameer Kaul of TrustPlutus

Kaul said irrespective of the phase the market is in, the portfolio needs regular maintenance. That is best done by letting the winners in the portfolio ride and easing out the losers.

HDFC twins down up to 10% from their one-year highs; should you buy them now?

stock markets

Heavyweights HDFC and HDFC Bank have moved in sync with the market in the recent time. In the last one year, they have outperformed the benchmark despite clocking sombre gains, thanks to the prevailing market situation due to sticky inflation, rate hikes and global cues.

World TB Day: How health insurance can help cover the treatment of this disease?

Tuberculosis is a disease that has killed millions worldwide. Yet, not many people underestimate the ubiquity of this disease and its effects if not treated timely. 

Stocks To Watch: Bharat Electronics, Rail Vikas Nigam, IDFC Bank, Lupin are stocks in news today

India's NSE stock futures listed on the Singapore exchange were down 0.21% at 17,048 as of 8:27 a.m. 

Budget 2023: Old vs new income tax regime; which is better for 30 lakh income?

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