New Budget 2024 Tax Slab Rate. In the current financial year 2024, following the changes implemented in budget 2023, the maximum surcharge rate in the new tax regime for incomes over rs 5. Union budget 2024 to raise the basic income tax exemption limit to rs 5 lakh in both old and new tax regimes.


New Budget 2024 Tax Slab Rate

Per fm, under the new regime, taxpayers will be able to save up to rs 17,500 as taxes, annually. In the current financial year 2024, following the changes implemented in budget 2023, the maximum surcharge rate in the new tax regime for incomes over rs 5.

The Slab Rates In The New Tax Regime Have Been Changed.

Surcharges will be levied on incomes above rs.

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2) income between โ‚น 2.5 to โ‚น 5 lakh is taxed at 5 per.

New Budget 2024 Tax Slab Rate Images References :

Discover The Tax Rates For Both The New Tax Regime And The.

The budget 2024 has revised the tax slabs in the new regime, providing taxpayers with an extra opportunity to save rs.

Under The New Income Tax Regime, The 30% Tax Rate, Which Is The Highest, Kicks In Above An Income Level Of Rs 15 Lakh.

Stcg, ltcg tax rates, exemption, holding period for equity share, debt, gold, property;