Timi Adelind

Whos Tax Plan Are We Under In 2024. Trump also campaigned on significantly reducing the corporate income tax, from 21% to 20% or even 15% for companies that manufacture their products in the u.s. The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs 17,500 in taxes.

In this episode of tax notes talk, tax notes white house reporter alexander rifaat discusses the tax policies proposed by vice president kamala harris and former. Income above rs 15 lakh taxed at 30%.