WebFeb 1, 2024 · The new tax regime will now be the default tax regime, Finance Minister Nirmala Sitharaman said. The revised tax slabs are listed below: 0 to Rs 3 lakhs - nil Rs 3 to 6 lakhs - 5% Rs 6 to 9 Lakhs - 10% Rs 9 to 12 Lakhs - 15% Rs 12 to 15 Lakhs - 20% Above Rs 15 Lakhs - 30% READ Budget 2024: What gets cheaper, what gets costlier. Full list WebThe last date for filing your income tax returns for the financial year 2024 to 2024 (assessment year 2024 - 2024) is fast approaching and the deadline is set for midnight on December 31, 2024....
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WebJul 30, 2024 · The last date to file ITR for FY 2024-22 is July 31. This due date is applicable for individuals whose accounts are not required to be audited. The government has not extended this deadline (An individual can file ITR even if the July 31, 2024 deadline of filing ITR is missed. The income tax return filed after the deadline is called belated ITR. WebThere is a 10% tax for those earning between Rs. 5 lakhs and Rs. 7.5 lakhs. 15% tax will be levied on people earning between Rs. 7.5 lakhs and Rs. 10 lakhs in a financial year. 20% … shutdown jobs in louisiana
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WebApr 5, 2024 · Income Tax News: Latest news on income tax in India. Know about Income Tax e filing, Income tax slabs, exemptions, Budget, calculate income tax, Income tax … a) Investing in tax-saving instruments. Under section 80C of the Income Tax Act, … ITR 1 is a simple form for resident individuals having total income up to Rs … Section 245 empowers the income tax authorities to adjust any previous year’s … “Section 54EC and Section 54GB of the Income-tax Act, 1961 (“the Act”) provide … The Finance Act 2024 introduced a new section 194R in the Income Tax Act for … WebApr 8, 2024 · Explaining the provision, the finance ministry said under the new tax regime with effect from April 1, if a taxpayer has an annual income of Rs 7 lakh s/he pays no tax. But if s/he has an... WebIncome Tax News- Zee Business provides latest news on Income Tax, Income Tax news Today, Top News on Income Tax, update on Income Tax. Stay updated with business news, breaking news headlines. ... India's direct tax collection exceeds Budget Estimates, grows over 17% to Rs 16.61 lakh crore Mon, April 3, 2024, 21:14 pm. shutdown juniper cli