You Searched For "new vs old income tax slab" and got 11 results
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7 mins read
If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000
The government’s new tax regime isn’t for everyone. If you earn less than ₹13 lakh per annum, it mi…
3 mins read
New income tax slabs 2020, income up to ₹5 lakh exempt
New tax slabs have been proposed by the Direct Tax Code panel to boost consumption and investment. …
4 mins read
Income Tax Slab For Filing ITR (Income Tax Return)
In the budget announced in 2018, the total cess on income tax increased by 4%. However, the income…
2 mins read
No tax proposed on annual income up to ₹500,000
The middle-class in India has been hit hard by several indirect taxes, rising prices, and income ha…
2 mins read
New tax regime may not be necessarily beneficial for all taxpayers: Experts
The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …
2 mins read
Individuals earning salary of over Rs 13 lakh a year to save under new tax regime
This means that about 90 per cent of taxpayers actually claim deduction of less than Rs 2 lakh…
PTI
3 mins read
Keep these changes in mind while filing your ITR to prevent errors
Section 24B allows you, as an individual, to make certain deductions from the net annua…
2 mins read
I-T Dept launches e-calculator to compare due tax under new, old regime
Taxpayers in three age categories of normal citizen (below 60 years), senior citizen (60-79 years) …
PTI
2 mins read
How to save Income Tax in India Schemes to Invest in 2019
Investing up to a limit of Rs. 1.5 lakh in schemes like Tax-Saver FDs, PPF (Public Provident Fun…
4 mins read
How Income Tax Is Calculated
To know how income tax is calculated in India, you must first know about the income tax slabs. I…
5 mins read
Here’s how income tax slabs work in India
In India, taxes vary according to income. And different tax slabs correspond to how much one is li…