CII in its pre-Budget 2023 memorandum recommends lowering the income tax slabs under the new tax regime as follows:
Upto Rs. 2.5 lakhs – Nil
Rs 2.5 lakhs to Rs 5 lakhs – Nil
Rs 5 lakhs to Rs 7.5 lakhs – Nil
Rs 7.5 lakhs to Rs 10 lakhs – 5%
Rs 10 lakhs to Rs 12.5 lakhs – 10%
Rs 12.5 lakhs to Rs 15 lakhs – 15%
Rs 15 lakhs to Rs 17.50 lakhs – 20%
Rs 17.5 lakhs to Rs 20 lakhs – 25%
Above Rs 20 lakhs – 30%
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According to a new press release, Kinetica, a leader in real-time analytics, has unveiled a native large language model (LLM)...
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