Budget 2023- Key points of taxation- Old vs. New tax regime | The Union budget for 2023 was presented in Parliament today, on February 1, 2023, the Finance Minister proposed five important announcements for taxpayers: 1. Zero taxes, up to Rs of income. 7 lakhs (after U/S 87A discount) 2. Six rental plates and new tax rates 3. Standard deduction of Rs. 52,500/- for salary earners of Rs. 15.5 lakhs or more. 4. Surcharge on Income greater than 2 Cr 25% instead of 37% 5. The discount for paid leave of up to 10 months of average salary,…