Income Tax Slab In Budget 2024. Union finance minister nirmala sitharaman, while presenting the interim budget on thursday, said that there would be no changes to taxation and proposed to retain same direct and indirect tax rates, including import duties. Finance minister nirmala sitharaman while presenting interim budget 2024 on 1 february 2024, kept the tax slab rates unchanged for both new and old income tax regimes.
2) income between ₹ 2.5 to ₹ 5 lakh is taxed at 5 per cent under the old tax regime. An individual must choose the tax regime which lowers their income tax outgo.
The Budget 2023 Had Made Some Changes In The New Tax Regime For Salaried Individuals.
The erstwhile slab of ₹3 lakh to.
Refer Examples &Amp; Tax Slabs For Easy Calculation.
Finance minister sitharaman has proposed increasing the deduction on family pension for pensioners from ₹15,000 to ₹25,000.
Income Tax Slab In Budget 2024 Images References :
If The Basic Tax Exemption Limit Is Hiked To Rs 5 Lakh.
Finance minister sitharaman has proposed increasing the deduction on family pension for pensioners from ₹15,000 to ₹25,000.
An Individual Must Choose The Tax Regime Which Lowers Their Income Tax Outgo.
Union finance minister nirmala sitharaman, while presenting the interim budget on thursday, said that there would be no changes to taxation and proposed to retain same direct and indirect tax rates, including import duties.