Union Budget Updates - 2023
Personal Income Tax: New tax rates are as follows:
Rs. 0 - Rs. 3 lakh - NIL,
Rs. 3 - 6 lakhs - 5%,
Rs. 6 - 9 lakhs - 10%,
Rs. 9 - 12 lakhs - 15%,
Rs. 12 - 15 lakhs - 20%,
Above Rs. 15 lakhs - 30%
Thanks & Regards,
Connect One Compliance Team.
From India, Bengaluru
Acknowledge(0)
Amend(0)
11Personal Income Tax: New tax rates are as follows:
Rs. 0 - Rs. 3 lakh - NIL,
Rs. 3 - 6 lakhs - 5%,
Rs. 6 - 9 lakhs - 10%,
Rs. 9 - 12 lakhs - 15%,
Rs. 12 - 15 lakhs - 20%,
Above Rs. 15 lakhs - 30%
Thanks & Regards,
Connect One Compliance Team.
From India, Bengaluru
Acknowledge(0)Amend(0)
Hi, This is under new Tax Regime ( direct tax without any exemptions) I believe .
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
YES. I think it is to bring more middle income group into the new tax regime.
From India, Salem
Acknowledge(0)Amend(0)
From India, Salem
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
New profession Tax Rates after Mahrashtra Government Budget & Provisions.doc
INCOME TAX RATES FY 2009-10.xls