Rebate Under New Tax Regime Fy 2024-24. So, that means an individual earning up to 7 lakh will not be required to pay any income tax. The amount of tax rebate has doubled to rs 25,000 from rs 12,500.
Individuals with income up to rs. The amount of tax rebate has doubled to rs 25,000 from rs 12,500.
The Rebate Under Section 87A Has Been Increased To A Taxable Income Of Rs 7 Lakh (Providing A Tax Rebate Of Rs 25,000), Up From Rs 5 Lakh (Offering A Tax Rebate.
However, if the income slightly.
Income Tax Tax Financial Lessons.
Budget feb 1, 2023 (income tax slab updates) 1) income tax exemption limit increased from rs 2.5 lakh to rs 3 lakh.
Some Key Highlights Of The Above Income Tax Slabs.
Images References :
Tax Rebate Up To Rs.12,500 Is Applicable For Resident Individuals If The Total Income Does Not Exceed Rs 5,00,000 (Not Applicable For Nris.
Individuals with income up to rs.
Budget Feb 1, 2023 (Income Tax Slab Updates) 1) Income Tax Exemption Limit Increased From Rs 2.5 Lakh To Rs 3 Lakh.
31 jan, 2024 | 04:36:19 pm ist.
Will There Be Changes In New, Old Income Tax Regime?
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