Income Tax Rebate Under Section 87A

The tax slabs were revised, the rebate under Section 87A was extended up to Rs 7 lakh of income, benefit of standard deduction in new tax regime was introduced

Income Tax Rebate Under Section 87A Salaried taxpayers are anticipating an overhaul of the income tax slabs In the Union Budget 2023, adjustments were made to the new personal

The tax slabs were revised, the rebate under Section 87A was extended up to Rs 7 lakh of income, benefit of standard deduction in new tax regime was introduced

tax slot 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

While a five per cent tax will be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent will be levied on Rs 6 lakh to Rs 9 lakh,

taxi slot game The interest earned on a Fixed Deposit is subject to tax, based on the income tax slab you fall into There is TDS on FD

You can read more about income tax slabs here The comparison for the tax rates is as follows: Income Tax Slab, Old Tax Regime, New tax Regime (