Income Tax Above 5 Lakh for FY 2024-25 & AY 2025-26

Income Tax Above 5 Lakh for FY 2024-25 & AY 2025-26 tax slot In India, the term income tax slab refers to the categorisation of income levels at which different rates of income tax are applied to individuals based on tax slot Finance Act 2023 has provided new tax slabs under the new tax regime Rebate under section 87A for those having taxable income upto Rs 7 lakhs

tax slot Income Tax Slabs for IndividualsHUFs under New Tax Regime ; INR 6,00,001 to INR 9,00,000, INR 15,000 + 10% above INR 6,00,000 ; INR 9,00,001 to

taxi4d slot In India, income tax is levied based on a slab system This means different tax rates are applied to different income ranges As your income increases, so does In India, the term income tax slab refers to the categorisation of income levels at which different rates of income tax are applied to individuals based on