Finance minister nirmala sitharaman while presenting budget. Key changes in direct tax vide the finance bill 2024:
The middle class is expecting a rejig in the income tax exemption limit from ₹ 2.5 lakh to ₹ 5 lakh. Check out the latest income tax slabs and rates as per the new tax regime and old tax.
Surcharges Will Be Levied On Incomes Above.
Income tax budget 2024 expectations:
The Middle Class Is Expecting A Rejig In The Income Tax Exemption Limit From ₹ 2.5 Lakh To ₹ 5 Lakh.
Dinesh kanabar, ceo of dhruva advisors said every ₹1 lakh increase in the minimum threshold limit for income tax leads to approximately ₹14,000 crore decline in.
Images References :
Check Out The Latest Income Tax Slabs And Rates As Per The New Tax Regime And Old Tax.
Finance minister nirmala sitharaman while presenting budget.
Cess Will Be Levied At 4% On Income Tax Amount.
Income tax rates and tax slabs under the finance act 2023 have been reduced to five from six to make the new tax regime.