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vishwas panjiar
Vishwas Panjiar

Vishwas Panjiar

Vishwas Panjiar, Partner, Nangia Andersen LLP

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If your income exceeds the specified bracket, rebate would not be available and normal tax rates as per the slab would apply on the entire reported income.

Big tax relief in Budget 2025: Who gains and what changes?

by Rakesh Nangia |Feb 3, 2025

The government has proposed to increase the tax rebate available to individual taxpayer opting for the new tax regime. Tax rebate is a form of discount applicable on income falling within a certain ta...