New Tax Regime vs Old Tax Regime: Which is more beneficial after Union Budget 2023? Watch budget 2023 highlights and complete excel analysis with income tax calculation, income tax rebate & tax benefit budget 2023 in this video.
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About the Video
The Finance Minister of India, Ms. Nirmala Sitharaman announced the Union Budget 2023 yesterday. On February 1 each year, taxpayers and citizens of India anticipate the budget and what new changes and developments will it bring for them. This was the first budget of Amrit Kal proposed by the Ministry of Finance under Honorable Prime Minister Shri Narendra Modi. This year’s budget focused on 7 key areas termed as Saptrishi. These were:
The key highlight of Budget 2023 was the "new income tax slab" that underwent a number of modifications as part of the new tax regime. Given that, taxpayers can still choose between the new tax regime vs old tax regime when filing their income tax returns. But which is more beneficial for taxpayers: the old tax regime or the new tax regime with the proposed changes? Let’s look at complete budget analysis, budget 2023 summary, new tax slab 2023-24, new tax laws for 2023, budget news, and much more.
In this video, we’ll learn about the following concepts:
1. New tax regime vs old tax regime.
2. What are new tax laws for 2023?
3. Key highlights for Budget 2023.
4. Analysis of Budget 2023 Summary in Hindi.
5. Old tax slabs and new tax slabs.
6. What is the new income tax rebate?
7. Budget 2023 summary.
8. Benefits of new tax slab 2023-24.
9. New income tax rebate explained.
10. Is the new tax slab more beneficial?
11. How to save more tax on salary?
12. What is the new income tax rebate limit?
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