Vice Admiral Dinesh Kumar Tripathi appointed as the next Chief of the Naval Staff ( Hindi / Eng)
7th Pay DA : जाने कितना बढ़ा महंगाई भत्ता
Road Mileage Allowance for Officers
Vice Admiral Dinesh Kumar Tripathi appointed as the next Chief of the Naval Staff ( Hindi / Eng)
Income Slab | New Tax Rates if no exemption availed | Income Tax Rates of exemptions availed |
Up to Rs 2.5 lacs | No tax | No Tax |
Rs. 2.5 to 5 lacs | 5% | 5% |
Rs. 5 lakh to 7.5 lakh | 10% | 20% |
Rs. 7.5 lakh to 10 lakh | 15% | 20% |
Rs. 10 lakh to 12.5 lakh | 20% | 30% |
Rs. 12.5 lakh to 15 lakh | 25% | 30% |
Above 15 lakh | 30% | 30% |
Some of the Income Tax Exemptions which are not available if Income Tax Rates under New Tax Regime is opted:
However, if an individual whose taxable income is more than Rs. 13 lakh and entitled to Income Tax deduction of up Rs. 2 lakh only (Standard Deduction of Rs. 50000 plus deduction under Section 80C up to Rs. 1.5 lakh), then choosing new tax regime will be beneficial to him/her.
These taxpayers pay lesser income tax in new tax regime as they save considerable tax on account of lesser income tax rate of 20% and 25% for their income more than Rs. 10 lakh and Rs. 12.5 lakh respectively.
Source -G-Connect
Railway Employee (App) | Rail News Center ( App) | Railway Question Bank ( App) | (App) | Information Center ( App) |
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Railway Employee (App) | Rail News Center ( App) | Railway Question Bank ( App) | (App) | Information Center ( App) |
Anubhav Awards Scheme, 2024 For Central Government employees
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Vice Admiral Dinesh Kumar Tripathi appointed as the next Chief of the Naval Staff ( Hindi / Eng)
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जाने एन पी एस (NPS) अर्थात नेशनल पेंशन सिस्टम के सामान्य बातें
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