Budget Simplified: Summary of Union Interim Budget 2024-2025

[@anoopvarmanotes]

Thank u for this detailed and imp note

[@baisakhisingh3085]

Thank you for the information 😊

[@Shree.1502]

Thank you so much Sir🙏🏻😊

[@atulutkarsh4664]

Thanks

[@rameshwarisharma7724]

Thanks🎉

[@Koundinya87]

Simple saral regime
One ITR - One Nation
No multiple sections
exemption income limit: 10lk
10-15lk: 2%
15-25lk: 5%
25-50lk: 10%
50-75lk: 15%
75lk-1cr: 20%
1cr & above: 25%
Market Capital gains (LTCG+STCG):
exemption gains: 3lk
3-5lk: 2%
5-10lk: 4%
10-20lk: 6%
20-35lk: 8%
35-50lk: 10%
50-75lk: 15%
75lk-1cr: 20%
1cr & above: 25%
Land & Gold capital gains (LTCG+STCG):
~20lk: 1%
~40lk: 2%
~60lk: 3%
~80lk: 4%
~1cr: 5%
1-5cr: 8%
5-10cr: 10%
10cr & above: 20%
Agriculture income tax:
Farmers/general people:
~5acres: 1%
~10acres: 2%
~15acres: 3%
~20acres: 4%
~25acres & above: 5%
for politicians & govt. officials: 10% tax on agriculture income.

[@rameshwarisharma7724]

Thanks