Live Updates and discussion on Union Budget 2024-2025

Page no : 4

Mita Basak (Professional) (1962 Points)
Replied 23 July 2024

TDS rate on e-commerce operators reduced from 1% to 0.1%, says FM Nirmala Sitharaman

Mita Basak (Professional) (1962 Points)
Replied 23 July 2024

#Budget2024 : In new tax regime, tax rate structure to be revised

Salaried employee in new tax regime will save up to Rs 17,500 in income tax

Mitali (Finance Professional) (16139 Points)
Replied 23 July 2024

Changes In New Income Tax Regime Slab

0-3 lakh : Nil

3-7 lakh: 5%

7-10 lakh: 10%

10-12 lakh: 15%

12-15 lakh: 20%

Above 15 lakh: 30%.#UnionBudget2024

Mitali (Finance Professional) (16139 Points)
Replied 23 July 2024

Standard deduction has been increased from 50,000 to 75,000 to salaried individual.#UnionBudget2024

prasad Nilugal ( GST Practitioner & Accounts ) (14868 Points)
Replied 23 July 2024

Standard Deduction for New Tax regime has been increased from 50000/- to 75000/-.

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