The law cuts the individual income tax rate to 3% by calendar year 2030, with triggers that may drive future annual decreases ...
The House has voted to end a legislative session without passing a state budget for the first time in 16 years ...
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...