Budget 2025: New Tax Slab Vs Old Tax Slab - New Tax Regime Simplified | What Is The 87A Rebate?
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- เผยแพร่เมื่อ 8 ก.พ. 2025
- In a major move to reduce the tax burden on the middle class, finance minister in her Union Budget 2025 speech, announced that no income tax will be payable for incomes up to ₹12 lakh under the new tax regime.
However, this has caused some confusion, especially since the income tax slabs still show taxes for income brackets from ₹0 to ₹12 lakh.
Let's decode how the income tax relief for those earning up to ₹12 lakh works
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Bro you nailed it in short video, u answered almost all of my questions
Tax tax even after under 12L still many extra tax with high rates many has to pay...sab ka vikash sab ka dimakh kharab😂😂😂
Tax slab is mainly applicable for business income and high grade salaried individuals. Rentals, interest on FD or capital gains through stock market have different calculations altogether.
Not clear at all. Bro just read some ppt
Simple: Upto 12 lakhs-0 tax. above 12 lkh you will pay tax as per the chart.
@03:14 : He says ......
"...... so overall income tax for 1,20,000 rupees should be paid by a tax payer whos Annual Income is 16,000 rupees !......"
Any idea what he is saying ?!?!☺
@@bijumoan3752 what is that rebate ?. Will my company deduct tax at source of my salary is 7 lakhs . No answer to that
Simple she lied
Could you clarify the concept of marginal relief under the new system?
12 லக்ஷ்ம் வருமானம்
தான் free tax அதற்கு மேல் வருமான ஆனால் 4 lakhs தான் free பாக்குயெல்லாம்
Tax
This IT slab will make more enemies for BJP than friends. For, already people are grumbling that those who have income slightly above 12 lakhs, have to pay full IT. This will create more liers, bluffers, risk takers, those who are within the 12 to 15 bracket. BJP has just disturbed a hornet's nest. Instead, they should have made it totally nil tax upto 12 lakhs instead of fooling people
Can't earn up to 12 lakhs. 20000 salary people earn 240000 per year.
முன்னால் நிதி அமைச்சருக்கு இந்த
நிர்மலா சீதாரமனது
பட்ஜெட் வயற்ற கலக்கிறது
For income upto 12 lakhs no tax. But, if we earn additional income of ₹ 70000, the full additional income of ₹ 70000 as such has to be paid as tax. What a logic it is ? What a justice it is?. The whole income over the exemption limit (inclusive of rebate) is charged as tax!. Then why should earn additionally to pay fully as tax. Really crazy and tuglaqueen.
That is what.. she has fooled lot of people with that tag line.
It means that you are earning enough and have to contribute for the tax coffers of the govt. Govt has to maintain the fiscal discipline too. Taxpayers should be happy with the benefit they have got. Too much of benefit cannot be passed by any govt. whether it is Tuglaqueen or Tugluqking.
What is for common poor people
Sir there is lot of free bees , if you come south you can see
Common and poor people have no locus standi to expect or claim anything.
well explained bro.. thank you
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Why so much focus salaries? How much percentage of population are salaried class?
What about businessmen.what''s the tax rebate
Standard deduction?
This is not good
Not clear