Income Tax Rates For Ay 2024-25. There are two parts of this. The enhanced surcharge of 25%.
This initiative aims to facilitate the process for taxpayers and prevent the deduction of higher tax deducted at source (tds) rates. Surcharge, marginal relief and health &.
The Finance Minister Made Changes In The Income Tax Slabs Under The New Tax Regime.
For the income earned in fy.
Income Exceeding โน15,00,000*30% + โน1,50,000.
The changes announced in the income tax slabs under the.
In India, Income Tax Is Calculated Using Income Tax Slabs And Rates For The Applicable Financial Year (Fy) And Assessment Year (Ay).
Images References :
Income Tax Rates For Fy.
โน 1,50,000 + 30% above โน 15,00,000.
Income Exceeding โน15,00,000*30% + โน1,50,000.
The assessment year, which starts immediately after the financial year ends, is the year when itr is filed for the concerned financial year.