New Income Tax Slab For Ay 2024-24. Choose the assessment year for which you want to calculate the tax. What changes have been made in the new tax regime?
The highest slab rate of 30% applies on income exceeding rs. The above calculator is only to enable public to have a quick and an.
The Highest Slab Rate Of 30% Applies On Income Exceeding Rs.
The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh.
In Today's Budget 2024, The Finance Minister Nirmala Sitharaman Has Made Changes In The Income Tax Slabs And Rates For The Current Financial.
Also, check the updated tax slabs for individuals.
New Income Tax Slab For Ay 2024-24 Images References :
This Article Summarizes Income Tax Rates, Surcharge, Health &Amp; Education Cess, Special Rates, And Rebate/Relief Applicable To Various Categories Of Persons Viz.
2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh.
No Changes Have Been Made By The Finance Minister Nirmala Sitharaman In The Income Tax Slab Rates In Interim.
1) income up to โน 2.5 is exempt from taxation under the old tax regime.