Budget 2023 - Income tax slabs changes

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..... Budget 2023 - Income tax slabs changes
By: - CSSwati Rawat
Budget - Tax Proposals
Dated:- 1-2-2023

Budget - 2023 Income tax slabs - Changes in the New Tax Regime There is no change i .....

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..... n the old Tax Regime (As the intention of the government is clear and loud. INCOME EARLIER INCOME NOW 0-5 LAKH NIL 0-3 LAKH NIL 5-7.5 LAKH 10% 3-6 LAKH 5% 7.5 -10 LAKH 15% .....

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..... 6-9 LAKH 10% 10-12.5 LAKH 20% 9-12 LAKH 15% 12.5-15 LAKH 30% 12.5 - 15 LAKH 20% ABOVE 15 LAKH 30% ABOVE 15 LAKH 30% No tax on income up to Rs 7 lakh under new tax regime a .....

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..... nnounced today in Budget speech There is no change for the old regime. COMPARISON CHART: INCOME TAX EARLIER TAX NOW BENEFIT RS 7 LAKH 33,800 0 33,800 RS 8 LAKH 46,800 35,000 .....

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..... 11,800 RS 9 LAKH 62,400 45,000 17,400
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