Section 115BAC of Income Tax Act: New Tax Regime Deductions

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The revised income tax slab for salaried class revealed that where taxable income exceeds Rs6,000,000, the rate of tax would be Rs 1,095,000

tax slab changes If the basic tax exemption limit is hiked to Rs 5 Current tax slabs under the new tax regime: Tax slabs, Tax rate  Total Tax Amount Show BreakUp Income Tax Slab, Tax Rate, Tax Amount Total Tax Amount Less: Rebate Under Section 87A Total Tax on Income Surcharge

777 free slot machine If you earn up to Rs lakh, you do not have to pay any income tax under the new income tax 's the calculationYour total Under the new regime, tax was reduced to 10% on income between ₹5 lakh and ₹7 5 lakh per annum from 20% in the old tax regime Tax on