Budget Updates: Tax Proposals

Personal Income Tax

2.5 Lakhs to Rs.5 Lakhs – 5%

Other slabs tax rate remain the same

Rebate maximum amount reduced to Rs.2500/-

Surcharge @ 10% for income group of Rs.50L to Rs.1 Crores. Above Rs.1 Crores 15% surcharge will continue

Budget Updates: Tax Proposals

Leave a comment