https://www.taxtmi.com/article/detailed?id=11053 Revisions recalibrate personal income tax rates, expand the exemption threshold under the new tax regime, reduce the top-end surcharge to lower the maximum effective rate, and provide a lower concessional rate for new cooperative societies. Administrative measures include materially shortened return processing timelines, introduction of new Income Tax Return forms for easier filing, and expedited processing of a substantial share of returns. Targeted customs duty reliefs are extended for specified mobile phone components and certain household imports. en-us Wed, 01 Feb 2023 13:35:27 +0530 Wed, 01 Feb 2023 13:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11053 Revisions recalibrate personal income tax rates, expand the exemption threshold under the new tax regime, reduce the top-end surcharge to lower the maximum effective rate, and provide a lower concessional rate for new cooperative societies. Administrative measures include materially shortened return processing timelines, introduction of new Income Tax Return forms for easier filing, and expedited processing of a substantial share of returns. Targeted customs duty reliefs are extended for specified mobile phone components and certain household imports. Articles Budget - Tax Proposals Wed, 01 Feb 2023 13:35:27 +0530 https://www.taxtmi.com/article/detailed?id=11053