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Salaried class ki Nirmala tai dimpindi


hyperbole

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New Income Tax Rates Live: Old Tax Slab

Individual who are below age 60, currently, total income up to Rs 2.5 lakh is exempted from tax. For income between Rs 2.5 lakh and Rs 5 lakh, one needs to pay tax @ 5 per cent. On higher income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

Individual who are between 60 and 80 years, currently, total income up to Rs 3 lakh is exempted from tax. For income between Rs 3 lakh and Rs 5 lakh, one needs to pay tax @ 5 per cent. On higher income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

Individual who are above age 80, currently, total income up to Rs 5 lakh is exempted from tax. For income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent. On higher-income above Rs 10 lakh, one needs to pay tax @ 30 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

 
 
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3 minutes ago, Kool_SRG said:
New Income Tax Rates Live: Old Tax Slab

Individual who are below age 60, currently, total income up to Rs 2.5 lakh is exempted from tax. For income between Rs 2.5 lakh and Rs 5 lakh, one needs to pay tax @ 5 per cent. On higher income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

Individual who are between 60 and 80 years, currently, total income up to Rs 3 lakh is exempted from tax. For income between Rs 3 lakh and Rs 5 lakh, one needs to pay tax @ 5 per cent. On higher income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

Individual who are above age 80, currently, total income up to Rs 5 lakh is exempted from tax. For income between Rs 5 lakh and Rs 10 lakh, one needs to pay tax @ 20 per cent. On higher-income above Rs 10 lakh, one needs to pay tax @ 30 per cent, while for income above Rs 10 lakh, one needs to pay tax @ 30 per cent. One also needs to pay cess of 4 per cent on the amount of tax.

 
 

Adi enti upto 5 lakhs zero tax ani esaru gaa PPT lo. 

Only above 80 age vallaka

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22 minutes ago, hyperbole said:

last 50 years lo mana failure is to bring more people under direct taxation..that should not be an excuse to tax salaried class more

tax evading gujju businessmen

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50 minutes ago, hyperbole said:

anni tax exemptions lepesindi..housing loans interest, small savings, heath and life insurance..there is no incentive for people to buy a house ..construction industry inka mingabetta laga unnadi.

 

E love da country lo tax katte vade red flower ! Migilina vala andariki goru muddha pappu chekka ani raka rakala schemes vuntayi sincere ga tax katte valaki matram TDS or direct pay check nunche mingestadi govt ! Evadi sommu evariko panchipdutundi !

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48 minutes ago, babu_bangaram said:

I think you can opt for all of these deductions and be in old model of taxation with old tax brackets 

or 

new model of tax bracket ............

 

Thats just for now soon they will say TATA to old regime this is step in that direction... Mostly what a particular company would opt where a employee works will be key, companies may not give chances to employees would say if required file IT return individually for any deductions..

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2 hours ago, jua_java said:

E love da country lo tax katte vade red flower ! Migilina vala andariki goru muddha pappu chekka ani raka rakala schemes vuntayi sincere ga tax katte valaki matram TDS or direct pay check nunche mingestadi govt ! Evadi sommu evariko panchipdutundi !

Rupee value going down this percentage change not going to help

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