Web1 day ago · Tax Slab: Tax slabs in the new regime have also been relaxed a bit now and these new relaxed slab rates are: up to Rs. 3,00,000 – Nil Tax; 3,00,001 to 6,00,000 ... Now … Web1 day ago · Taxpayers will get a standard deduction of Rs 50,000 from their total gross salary income. In addition, family pensioners opting for the new tax regime can claim a standard deduction of Rs 15,000 from their pension income. Soni highlighted that the rebate under section 87A has been hiked to Rs 7 lakh from Rs 5 lakh under the new tax regime.

Opted for new income tax regime? Here’s how you can save more

Web1 day ago · Tax Slab: Tax slabs in the new regime have also been relaxed a bit now and these new relaxed slab rates are: up to Rs. 3,00,000 – Nil Tax; 3,00,001 to 6,00,000 ... Now from gross total income, apply the standard deductions & other applicable deductions allowed under the new regime of Income tax i.e. employer’s contribution for NPS, etc. WebFeb 2, 2024 · a state sales tax. a state excise tax. a local option for cities or towns. 6.25% (state sales tax) 10.75% (state excise tax) up to 3% (local option for cities and towns) … chubby checker religion

New Income Tax Slabs 2024 - 2024 Highlights: Full list of new tax …

WebFeb 1, 2024 · The new income tax slabs under the new tax regime are. Rs 0-3 lakh: Nil. Rs 3-6 lakh: 5 per cent. Rs 6-9 lakh: 10 per cent. Rs 9-12 lakh: 15 per cent. Rs 12-15 lakh: 20 per … WebApr 12, 2024 · April marks the beginning of a new financial year, which is when usually new income tax laws come into effect. For the financial year 2024-24, the government has … WebJun 9, 2024 · The group pointed back to the Legislature's adoption and quick repeal of a tax on technology services in 2013, and warned that any effort to reverse an income surtax … designer and rare exotics