Data when created is at it's highest value curve. But let me share why Datastreaming is at heart of it. Please consult your CA / SEBI Registered Investment advisor before taking any decision.ĭata is the new oil, we all have heard it a dozen times. ⚠️ Disclaimer: Not tax/investment advice. Like the content? Follow your man Sharan Hegde for more around Personal Finance. If your policy has been issued on or before 31 Mar'23, no tax applicableĮven if you buy new endowment policies on or after 1 Apr'23, you won't be taxed unless sum of all policy premium is ₹7L, you're taxable as per these rates. Myth: Gains from Insurance Policy will get taxed Those who opt for new regime will get a std deduction of ₹50k, irrespective of incomeĪ. She was comparing difference b/w New Regime until 31 Mar'23 vs going forward Myth: Std Deduction is for those earning ₹15.5L+įM said, "Those earning ₹15.5L+ will benefit by ₹52.5k" Otherwise tax will be calculated as per new regime Just that you'll have to declare to your employer & while filing ITR if you're opting the Old one "Standard Deduction is only for those earning ₹15.5L+"īusting all myths on Personal Taxation from #Budget2023 □įM said, "New tax regime will be the default regime." This doesn't mean that old regime is out
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