Income Tax Rebate Under New Tax Regime. Under the new tax structure, a standard deduction of rs 50,000 has been implemented for salaried. The marginal tax relief in the new tax regime helps those whose income marginally.
The budget 2023 made changes in the income tax slabs under the new tax regime. Below are the important income tax deductions and exemptions that.
Below Are The Important Income Tax Deductions And Exemptions That.
Tax rebate up to rs.12,500 is applicable for resident individuals if the.
The Budget 2023 Made Changes In The Income Tax Slabs Under The New Tax Regime.
The threshold is rs 5,00,000 in the old tax regime.
New Tax Regime Becomes Default Tax Regime 4.
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Under The New Tax Regime, Income Tax Slabs Have Been Revised.
The budget 2023 made changes in the income tax slabs under the new tax regime.
To Make The New Tax Regime More Attractive, The Rebate Under Section 87A Has Been Hiked To Rs 25,000 For Taxable Income Up To Rs 7 Lakh.