Claiming Newborn On Taxes 2024 India. What documents are required for a minor to file their own return? The finance act sections 1 to 99 (page 1 to 54) amends income tax act, section 158 (page 68 to 69) amends prohibition of benami property transactions act and section 164 (page.

The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh. In the interim budget 2024, finance minister nirmala sitharaman maintained the status quo on income tax slab rates, leaving them unchanged for the financial year.