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Tag: Personal income taxpayers

72% of Income Tax assessees opted for new regime in 2023-24

Posted on August 2, 2024 By admin
72% of Income Tax assessees opted for new regime in 2023-24

Nearly 58.6 lakh returns were filed by first-time filers, a fair indication of widening of tax base, the Income Tax department has said. File | Photo Credit: The Hindu Most of India’s personal income taxpayers have moved to the simpler new tax regime in this assessment year, with 72% of those who had filed their…

Read More “72% of Income Tax assessees opted for new regime in 2023-24” »

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