Budget 2024 | New Income Tax Slabs FY 2024-25 | Income Tax Rate Changes

[@EveryPaisaMatters]

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[@sunilnanda4896]

Thanks for detailed information

[@vivekshankar2780]

87A ka rebate abhi hai ki nahi??

[@nisheetroopkishor]

Very informative video.

[@TushiManoj]

Sir, I am slightly confused on real state tax. When we calculate tax on 63.7 lakh, it's 12.74 lakh, and when we calculate tax on 90 lakh, it's 11.25 lakh, How?

[@EveryPaisaMatters]

20% vs 12.5%

[@TushiManoj]

@@EveryPaisaMatters thank you 🙏

[@saurabhm1789]

When will it come into effect?

[@abhishekdasdsp]

@@saurabhm1789 23rd July'24 onwards

[@Surajpatra111]

Why everyone is crying for new tax slab if there is benefit in new tax slab

[@dipenshah9542]

For Private Corporate Sector NPS , whether 10% or 14% of Employer's NPS contribution will be eligible for tax exemption in new tax regime for this fiscal year FY 24-25?

[@shriram1211]

Sab tax lelo ..mgr suvidha kuc mat do..na achi roads na achi nyay vyvstha ,na medicl or na siksha mafia pr lagaam lgao..bs khaye jao khaye jao

[@RupinderSingh-lx3er]

@@shriram1211 aur karo ....ab ki baar....🤣🤣🤣🤣ab lo maze

[@shriram1211]

@@RupinderSingh-lx3er bhai humne kabhi n kia ye sb

[@urimai_kural]

Under new regime 7,75,000 no tax 😊

[@tusharsharma2551]

How come till 7 lac there is no tax , According to slab up to 3 lac nill and 3-7 is 5 % but you are showing 0 tax till 7 lac

[@EveryPaisaMatters]

Section 87A. Please watch video carefully 😁

[@jitendrakumarbiswal9231]

According 87 (A)

[@anishadasgupta7755]

Say your salary is 7 lac, then your tax will be, 7 lac-3 lac = 4lac*0.5= 20,000. So as per section 87A, if your salary is upto 7 lac and u pay tax upto 25000, your tax will get rebated. Hence you will pay nil tax upto 7 lac, and considering the standard deduction of 75,000. U will pay nil tax till 7.75 lac.

[@manojnegi8280]

Old tax regime mai to 8 lakh tak 0 tax hota hai,
1.5L 80c
1L HRA
50k NPS
Total 3 L rebate
8-3 = 5L taxable income
Total Tax =0