The greater window the engine has to render a given frame, if you're imposing a lower frame rate than the game can otherwise provide, may also help in alleviating stuttering related to data streaming. Note: Useful if your system can't maintain, say, 60fps and you're sensitive to the wild fluctuations, or you're experiencing uneven frame times. Alternatively, those with an Nvidia GPU can either cap the frame rate at the driver level via the Nvidia Control Panel (requires the 441.87+ drivers) or use Nvidia Inspector to force a vsync internal lower than one-half (click the small tool icon to open the game profile section). On the corporate side, the changes are relatively smaller, and are principally aimed at plugging loopholes and tax-avoidance.Cap the frame rate/potentially improve frame times: Download RivaTuner Statistics Server (if you use MSI Afterburner, then you already have it installed), input your desired framerate limit in the "Framerate limit" box, and hit Enter. There is an increase in the Tax Collected at Source that would apply when individuals make overseas remittances, or purchase of overseas tour packages. The ambit of Tax Deduction at Source on winnings from online gaming has been expanded. There has been tightening of some provisions as wellCapital gains tax exemption upon reinvestment of sale proceeds into a residential house has been capped at INR 10cr. To ensure that small businesses receive payments on time from their customers, payments to MSMEs are now allowed as a deduction only on actual payments (subject to conditions). INR 2cr earlier) and professionals with gross receipts of up to INR 75L (vs.INR 50L earlier) are now eligible for the concessional regime. Small businesses usually find the “presumptive tax” regime to be attractive, under which they are allowed to pay tax at a flat percentage of their turnover.The ambit of this regime has now been expanded – businesses with a turnover of INR 3cr (vs. Recognizing that the peak tax rate of 42.75% that was prevailing was one of the highest in the world, the Budget proposes to slightly reduce the peak tax rate to 39%, which would be applicable to individuals earning more than INR 5cr in a year under the new regime. The khaas-aadmialso gets some consideration. The net result will be a substantial reduction of tax for the salaried aam-aadmi. In the Budget speech, the Finance Minister has promised that the Leave Travel Concession benefit for employees would be enhanced from INR 3L to INR 25L. A simplified risk-based KYC process would also be introduced. A one stop solution for identity and address updationwouldbe established via ‘Digilocker’ and Aadhar PAN would be used as a common business identifier a system of ‘Unified Filing Process’ will be set-up for obviating the need for separate submission of same information to different government agencies. In the Budget speech, the Finance Ministeralso announced multiple measures for ease of doing business. Each taxpayer should therefore look at their individual circumstances before taking a decision on which regime to opt for.ĭescribing the overall Budget 2023-24 appears as ‘balanced and forward looking’ Shashanka added that the FM has focused on inclusive development, infrastructure & investments, green growth, youth power, urban infrastructure, Artificial Intelligence, development of technology and urban infrastructure each of which will have a positive impact. Shashanka says that the Old Tax Regime may continue to be more efficient for individuals who have substantial claims towards House Rental Allowance, housing loan interest etc. ![]() Old Tax Regime Vs New Tax Regime: Which Regime to Opt For? The net result is that many individuals (especially those who are salaried) would see a substantial reduction in their tax burden if they opt for the new regime.” The 2023 Budget has substantially sweetened the new regime – with each tax slab being widened, and the standard deduction of INR 50,000 being made available even for individuals opting for the the new regime. Shashanka BR, Partner, EY India told Reema Sharma of Zee Media, “In the 2020 Budget, a new tax regime was introduced for individuals whereby individuals were entitled to a lower rate of tax provided that they did not take the benefit of certain deductions and exemptions. These Tax proposals announced by FM Sitharaman seek to ensure continuity and stability in taxation, further simplify and rationalise a number of rules to lessen the burden of compliance, encourage the spirit of entrepreneurship, and give citizens tax relief. Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2023 announcing various sops for the middle class, salaried and individual tax payers.
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