New Tax Regime Fy 2024-25. 6 lakh income = 5% tax. Budget 2023 has hiked the basic exemption limit to rs 3 lakh from rs 2.5 lakh under the new revised tax regime, this will save you rs 2500. What is the surcharge amount under the revised new tax regime?
C)extend the benefit of standard deduction to the ‘new tax regime’. Significant updates to the new tax regime were introduced in budget 2023, with changes to the income tax slabs applicable for the current financial year from april 1, 2023, to march.
3 Lakh Income = 0% Tax.
The latest budget for 2023 has introduced some significant changes to the income tax slabs in the new tax regime, aimed at making it more.
Budget 2023 Has Hiked The Basic Exemption Limit To Rs 3 Lakh From Rs 2.5 Lakh Under The New Revised Tax Regime, This Will Save You Rs 2500.
6 lakh income = 5% tax.
Images References :
Under The New Income Tax.
For the income tax return.
Calculate Your Tax Liability With New Regime Tax Calculator, Know How Much Tax You Will Have To.