Center is good news for those who do not have their own land.. Huge funds in the budget..
From now on, PAN card will become very important and important for businesses. Most of the digital systems under government agencies all accept Pan Card as a digital ID. So far, a total of 13 types of ID cards are being asked. It has EPFO, TIN, PAN, GSTN, ESIC etc. Now only PAN CARD is enough.
Income Tax Slabs: boons for taxpayers.. changes in slabs.. what is the new tax system? 5 changes..
Income tax department issues PAN card which is alphanumeric (numbers, letters). All the information related to the PAN card is stored in this unique code. Since businesses have only one PAN card for approval, updating KYC will also be easy.
Income Tax Rebate: Huge relief for wage earners.. Increase in income tax exemption limit
Regarding the 2023-24 budget, the central government has given a big relief to the middle class. In particular, the income tax exemption limit has been increased. Changes have also been made in the tax slabs.
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Also Read: Nirmala Sitaraman: Nirmala Sitaraman’s budget speeches are short.