Income Tax Slab Changes In Budget 2024. The finance act 2024 proposed to cap the maximum rate of surcharge from 37% to 25% for. Income tax budget 2024 live updates:
Proposal to restrict the highest income tax bracket to 39%. This would result in the.
Income Tax Slab Budget 2024 Highlights:
Finance minister nirmala sitharaman while presenting interim budget 2024 on 1 february 2024, kept the tax slab rates unchanged for both new and.
This Would Result In The.
The above income tax slabs table is applicable for individuals below 60 years of age.
Income Tax Slab Changes In Budget 2024 Images References :
It Is Important To Note That A Large Number Of Changes Were Made In Budget 2023 In The New Tax Regime.
Finance minister nirmala sitharaman while presenting budget 2023 on 1 february 2023, tweaked the slab rates for individuals opting for the new income tax.
The Industry’s Key Demand Is To Reduce The Tax Deducted At Source On The Transfer Of Virtual Digital Assets Under Section 194S To 0.01 Per Cent.
Currently the basic exemption limit under the new income tax regime is rs 3 lakh.