July 27, 2024

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New Tax Slab Budget 2024

New Tax Slab Budget 2024. Learn about the differences between old & new tax regimes. Make new tax regime the default tax regime for the.


New Tax Slab Budget 2024

Finance minister nirmala sitharaman has announced. Budget 2024 income tax expectations:

Income Tax Slabs Revised, Standard Deduction Raised From Rs 50,000 To Rs 75,000 Under The New Tax Regime In Budget 2024.

While the budget is a vote.

No Tax Would Be Levied For Income Up To โ‚น 3 Lakh.

The standard deduction will be increased from rs 50,000 to rs 75,000 for those who opted for the new tax regime.

New Tax Slab Budget 2024 Images References :

Salaried Employees (Under The New Tax Regime) Will Save Up.

As per fm's announcement, under new tax regime, tax rate structure will be revised as follows.

Standard Deduction For Salaried Employees Increased To Rs 75,000.

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