UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 | Issue 10 | October 2024

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Published in:

Volume 11 Issue 9
September-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2409370


Registration ID:
548103

Page Number

d610-d618

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Title

IMPACT OF NEW TAX REGIME OVER TAX PAYERS BELONGING TO SALARIED EMPLOYEES IN CHENNAI

Authors

Abstract

The new tax regime an optional tax assessment system under Income Tax was introduced in Budget 2020 which led to many changes in tax slabs and taxpayers were offered concessional tax rates based on different income. However, the tax payers opting this system cannot claim any exemptions and deductions, such as HRA, LTA, 80C, 80D , and others which are only applicable under the Old tax system.

Key Words

NEW TAX REGIME OVER SALARIED TAX PAYERS

Cite This Article

"IMPACT OF NEW TAX REGIME OVER TAX PAYERS BELONGING TO SALARIED EMPLOYEES IN CHENNAI", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 9, page no.d610-d618, September-2024, Available :http://www.jetir.org/papers/JETIR2409370.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF NEW TAX REGIME OVER TAX PAYERS BELONGING TO SALARIED EMPLOYEES IN CHENNAI", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 9, page no. ppd610-d618, September-2024, Available at : http://www.jetir.org/papers/JETIR2409370.pdf

Publication Details

Published Paper ID: JETIR2409370
Registration ID: 548103
Published In: Volume 11 | Issue 9 | Year September-2024
DOI (Digital Object Identifier):
Page No: d610-d618
Country: CHENNAI, TAMIL NADU, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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