Claiming Newborn On Taxes 2024 In India. It is mandatory for everyone to file income tax if they fall under the category where the income is above. It covers income from salaries, one house.
The child tax credit for tax year 2023 and 2024 is $2,000 per child for qualifying children through age 16. In the interim budget 2024, finance minister nirmala sitharaman maintained the status quo on income tax slab rates, leaving them unchanged for the.