WebJan 14, 2024 · Currently, 7 income slabs are available under the new tax regime. According to it, annual income up to Rs 2.5 lakh is exempt from tax. Those individuals …
New Income Tax Slabs 2024 - 2024 Highlights: Full list of new tax …
WebFeb 1, 2024 · Union Budget 2024 live updates Agriculture Sector Budget 2024-22: Agri credit target increased to ₹16.5 lakh crore including animal husbandry, fisheries and dairy farmers. Micro irrigation fund to be doubled by ₹5,000 crore. Operation green scheme will be expanded to include 22 perishable schemes. WebFeb 1, 2024 · Budget 2024 maintains status quo on income tax rates: Taxpayers pay as per these slabs Autoplay 1 of 7 No change in personal income tax slabs In the Union Budget 2024, the one with the shortest speech, FM Nirmala Sitharaman did not have much to offer to the common man or middle class. brewers sewing notions
Union Budget 2024 Highlights Income Tax India
WebFeb 3, 2024 · Income Tax Slabs 2024: These are the new income tax slabs under the new tax regime 1. Up to Rs 3 lakh income there is 0% or NIL tax 2. From Rs 3 lakh to Rs 6 lakh the tax rate is 5% 3. From Rs 6 lakh to Rs 9 lakh the tax rate is 10% 4. From Rs 9 lakh to Rs 12 lakh the tax rate is 15% 5. From Rs 12 lakh to Rs 15 lakh the tax rate is 20% 6. WebJan 22, 2024 · A taxpayer earning Rs 15 lakh will save Rs 78,000 in tax under the new regime, FM said in Budget 2024 speech. New income tax slabs and rates No change … WebJan 31, 2024 · On February 1, 2024, the Finance Minister will present the Union Budget 2024-24 before the Parliament. The Budget 2024 speech is scheduled to begin at 11 am. Some of the expectations of the salaried class from Budget 2024 are a hike in the standard deduction, a revision in income tax slabs, an increase in Section 80C exemption, etc. country sayings quotes