Budget 2023 Makes Bold Changes to Personal Income Tax Rules

Is the Union Budget formulated by keeping the overall growth 📈 of the country in mind? Yes. Does the Budget have a direct impact on an individual’s finances 🐖? Yes, again.

In the Budget for 2023-24, the finance minister of India announced several significant changes that impact employees, pensioners and those in the high-income bracket. Are these changes good or bad? Well, you would have read about it in the media 📰. If you were preoccupied, here’s your chance to revisit the provisions.

CA Agnel Pereira was at our Parichay‒Ask the Expert session to talk about the changes and their implications. It doesn’t matter even if you missed the live session 💻 or couldn't stay till the end. You can now watch a recorded version for a better understanding of the key tax-related changes announced in the Budget.

Here’s a quick overview of the insightful conversation:

• Reduction in tax slabs
• Standard Deduction for all
• Surcharge reduction Leave encashment benefit Regime choice flexibility … and more

Eager to watch the recording? Here you go 👇!