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Tax Deduction Slab Old Regime
Tax Deduction Slab Old Regime -
The old tax regime slabs were unchanged in the interim budget Know the rates deductions and thumbrule to know if you should choose this tax regime In the
Old Tax Regime The old regime is the tax system that prevailed before the introduction of the new regime Under this regime there are over 70 exemptions and deductions available including HRA
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New Income Tax Slabs For FY 2023 24 AY 2024 25 As per the Union Budget 2023 a few key changes have been introduced under
Minimum deduction needed for old tax regime to save more Save Rs 7 500 tax for each Rs 25k additional deduction If your gross annual income is Rs 15 5
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New Income Tax Slab 2023 24
From April 1 2023 if an individual taxpayer has not opted for the old tax regime the employer would be deducting tax on salary TDS on the basis of the new
Consequently the tax rates are now 0 5 10 15 20 and 30 in the six slabs The exemptions and deductions in the Old Regime are not available in the New one The only benefit allowed
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https://cleartax.in/s/old-tax-regime-vs-new-ta…
Old Tax Regime The old regime is the tax system that prevailed before the introduction of the new regime Under this regime there are over 70 exemptions and deductions available including HRA
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Under the old tax regime the tax deduction is 30 while for the new tax regime it is 15 However based on your investments and other tax saving procedures
Old Tax Regime The old regime is the tax system that prevailed before the introduction of the new regime Under this regime there are over 70 exemptions and deductions available including HRA
Under the old tax regime the tax deduction is 30 while for the new tax regime it is 15 However based on your investments and other tax saving procedures
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