New Tax Rebate 2024. Earlier, the rebate under section 87a was available for taxable income up to rs 5 lakh in the new tax regime. Higher deduction under sec 80c.
Hence, an individual will need to analyse between. This is the amount you can invest each year without your contributions being subject to extra.
Earlier, The Rebate Under Section 87A Was Available For Taxable Income Up To Rs 5 Lakh In The New Tax Regime.
Due to the tax rebate under section 87a individuals need not pay income tax if their taxable income does not exceed the specified level or limit.
In Budget 2023, Rebate Under New Regime Has Been Increased To Rs.
Hence, an individual will need to analyse between.
New Tax Rebate 2024 Images References :
Under The New Tax Structure, A Standard Deduction Of Rs 50,000 Has Been Implemented For Salaried.
Learn about the options available to taxpayers and make.
Earlier, The Rebate Under Section 87A Was Available For Taxable Income Up To Rs 5 Lakh In The New Tax Regime.
Maximum tax rate reduced to 39 per cent from 42.74 per cent.