Here are the income tax slabs for individuals below 60 years, senior citizens ... However, the surcharge rates are different ...
Seniors who are 60 years of age or older ... the financial year 2023-24 and the old regime highlights several key differences in tax rates and income slabs. Under the new regime, the tax rates ...
For the financial year 2024-25, the income tax slabs and rates mentioned below are applicable to individuals who are residents below 60 years of age ... taxpayers in the old tax regime.
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While the new regime offers lower slab rates, it requires taxpayers to forego most of the deductions and exemptions available under the old regime. Therefore, in order to make an informed decision ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
Announcing a cut on the existing tax rates prevailing across four taxation slabs, Finance Minister Nirmala Sitharaman said the taxpayers can either choose to continue with the old tax regime ...
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The ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax slabs and rates. The six-member Group of Ministers, led by Bihar Deputy Chief ...
The 12 percent slab is likely to be rendered redundant. The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation is likely to push for phasing out the 12 percent tax slab ...