Tax Slab Changes In New Budget 2024

Tax Slab Changes In New Budget 2024. Finance minister nirmala sitharaman revises tax slabs, allowing salaried employees to save up to ₹17,500 in income taxes. Budget 2024 income tax changes:


Tax Slab Changes In New Budget 2024

As a result, taxpayers choosing the new tax regime stand to gain as much as. The new tax slabs will be applicable from april 1, 2024 i.e for current financial year.

5% On Income Which Exceeds ₹ 3 Lakh.

Budget 2024 income tax changes explained:

No Tax Would Be Levied For Income Up To ₹ 3 Lakh.

Income tax slabs, union budget 2024 highlights:

Tax Slab Changes In New Budget 2024 Images References :

As A Result, Taxpayers Choosing The New Tax Regime Stand To Gain As Much As.

1) income up to ₹ 2.5 is exempt from taxation under the old tax regime.

Says T Manish, Research Analyst, Samco Securities, Fm Announces Revised Tax Rate Under New Tax Regime, Apart From The Above Slab Revisions, The Standard.

In the union budget 2024, fm sitharaman is.