Income Tax छूट पर बड़ा ऐलान |Union Budget 2023:New Tax Regime Explained | Tax Rebate Hiked To 7 Lakh
Union Budget 2023: New Tax Regime Explained | Tax Rebate Hiked To 7 Lakh | Take A Look,
Budget 2023: No Tax On Income Till Rs 7 Lakh A Year In New Tax Regime
#unionbudget2023,
#incometax,
#standarddeduction,
New Income Tax Slab Budget 2023 LIVE Updates: Know about new income tax slab
What's new in the new income tax regime
Basic exemption limit is hiked from Rs 3 lakh to Rs 2.5 lakh
Rebate under section 87A has been hiked from Rs 5 lakh to Rs 7 lakh
The income tax slabs under the new income tax regime will be as follows:
a) Rs 0 to Rs 3 lakh - 0% tax
b) Rs 3 to 6 lakh - 5% tax
c) Rs 6 to 9 lakh - 10% tax
d) Rs 9 lakh to Rs 12 lakh - 15% tax
e) Rs 12 lakh to Rs 15 lakh - 20% tax
f) Above Rs 15 lakh above - 30% tax
Individuals with income of Rs 15.5 lakh and above have been made eligible for standard deduction of Rs 52,500 in new tax regime in Budget 2023.
you may search for
#Union Budget 2023: Will New Income Tax Slabs Bring Cheer For Salaried Class?
#Union Budget 2023: New Tax Regime Explained | Tax Rebate Hiked To 7 Lakh | Take A Look | Digital,
#Budget 2023 Updates | Finance Minister Nirmala Sitharaman On Personal Income Tax ,
#Budget 2023: No Tax On Income Till Rs 7 Lakh A Year In New Tax Regime,
#Watch Union Budget 2023 LIVE: Decoding The New Personal Income Tax And How It Impacts You,
Further, the new income tax regime becomes default tax regime. However, the individuals will have an option to continue with the old income tax regimeDisclaimer-
Video is for educational purposes only. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
Don’t forget to suggest our channel to someone who needs it :-
----Thank You for Watching----