WebbThe income tax slabs under the new tax regime has been reduced to five in FY 2024-24 from six. The basic exemption limit has been hiked to Rs.3 lakh from Rs.2.5 earlier under … Webb4 feb. 2024 · Above 10,00,001. 30%. Super senior citizens (aged 80 years and above) will have a higher basic exemption limit of Rs 5 lakh in the old tax regime as compared to …
Section 115BAC of Income Tax Act - What is 115bac?
Webb2 feb. 2024 · New Regime Income Tax Calculator 2024-2024 (AY 2024-2025): Calculate your tax liability with New Regime Tax Calculator, know how much tax you will have to … Webb9 mars 2024 · Income tax rates and slabs in new tax regime for FY 2024-22 As it can be seen from the table above, unlike in the old regime where the highest tax rate of 30% is … google faculty research award
Income Tax Slabs for FY 2024-24 & FY 2024-23 (Old
Webb1 feb. 2024 · The government has revised the surcharge rate under the new tax regime for FY 2024-24. The revised surcharge rate as follows: (A) Taxable income above Rs 50 lakh … Webb17 aug. 2024 · The new tax regime can be beneficial for middle-class taxpayers who have a taxable income of up to Rs. 15 lakh. The old regime is a better option for high-income … google failed to uncompress archive