WebA new tax regime was introduced in Budget 2024 that provides lower tax rates than the existing tax regime. Under this new tax regime, your salary of Rs. 6.5 LPA would fall under … WebOct 21, 2024 · a year. Accenture 1. in comp plan you have to declare meal allowance, LTA, NPS. meal allowance is of no use now as the declared amount will go into sodexo card …
Old vs New Income Tax Regime: Which one you should choose?
WebThe 50L limit on using Sec 44ADA of Income Tax Act (50% business expense deduction without receipts) has now been enhanced to 75L from this financial year (FY2024-24) so you can still claim the 50% deduction if your annual receipts go upto 70L this year. But do ensure you get a GST registration and pay+file monthly or quarterly GST returns. WebMar 13, 2024 · A qualified tax advisor can help you file your taxes correctly and minimize your taxes liability. Conclusion. Salaries in India range greatly depending on the industry … etherapy address
How to pay zero tax on annual income of Rs 10 lakh. Details here
WebApr 10, 2024 · In addition, the maximum rate of surcharge is 25 per cent in the new tax regime, whereas the maximum surcharge rate under the old regime was 37 per cent. The … WebThis illustration provides a salary calculation for a resident of India earning ₹ 1,300,000.00 per annum in the 2024/24 Tax Year based on the 2024 Income Tax Slabs. You can read further information about this tax and salary calculation below the calculator and in the associated finance guides and tools. You can view a breakdown of each income ... WebThe tax slab of 20% is applicable for an annual income between Rs 5 lakh and Rs 10 lakh, while the 30% tax slab is applicable for those individuals earning above Rs 10 lakh. You … ethereum price google finance