WebNet Tax liability. 121,680. 195,500. The best way to save tax for a salary above 15 lakhs is to opt for the old tax regime and claim all the available deductions and exemptions on tax … Web1 day ago · 2.1 The new tax regime has rationalized the scope of taxation with five tax slab rates ranging from 0% to 30% with the basic exemption till Rs. 3 lakhs exempt from tax …

New Income Tax Slab Rates FY 2024-24 (AY 2024-25) - Tax2win

WebDec 26, 2024 · Individuals earning high-income above 15 lakh do tax planning on their salary to lower the income tax burden on their taxable income. Let us consider ways to compute … WebFeb 3, 2024 · "A person earning Rs 15 lakh in a year and not availing any deductions etc will pay only Rs ... tadwa occupational therapy

Tax Planning - How to Save Tax for Salary Above 10 Lakhs

Web9 hours ago · If you are not claiming too many deductions, you may want to opt for the new tax regime to save money on taxes. Under the new tax regime, you can claim tax rates of … WebFeb 1, 2024 · Above Rs 15 lakh - 30%; The new income tax slabs under new tax regime for FY 2024-24 (AY 2024-25) ... Surcharges will be levied on incomes above Rs 50 lakh. According to the income tax laws, a salaried person can opt for the new tax regime as per their convenience in every financial year. In case an individual has a business income, … WebRs 90,000 + 20% on income more than Rs 12,00,000. Above Rs. 15,00,000. Rs 150,000 + 30% on income more than Rs 15,00,000. Income Tax Slab for People Between 60 to 80 Years. … tadung topview homestay