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

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

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

  • 0-3L Zero
  • 3-7L 5%
  • 7-10L 10%
  • 10-12L 15%
  • 12-15L 20%
  • 15 & above, 30%
Salaried employee in new tax regime will save up to Rs 17,500 in income tax
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

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

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


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