With the income tax filing deadline less than a month away, you need to ensure you are up-to-date on all the changes that are applicable this year. While modifications in tax and taxability of income from insurance policies (other than ULIPs) are among the most notable changes that have drawn a lot of attention, there are a couple of lesser known changes one should be aware of when filing one’s taxes. We take a look at these changes.
The government has introduced new 'optional' tax slabs for individual taxpayers. Instead of five different tax slabs, the new tax regime has seven ta...