Jammu traders call for tax slab revisions and financial relief

Jammu traders call for tax slab revisions and financial relief tax slot A new tax regime was introduced in Budget 2020 wherein the tax slabs were altered, and taxpayers were offered concessional tax rates However, tax slot Income Slabs Income Tax Slabs for Individuals Below The Age Of 60 Years ; Up to ₹ lakhs NIL ; ₹ lakhs - ₹ 5 lakhs 5% (tax rebate

tax slot This type of pension is treated as income from salary and is subject to the same tax rates as regular income Income Tax slab on pension in new

taxi 88 slot benefit of Rs 46,800- is calculated at the highest tax slab of % for an individual assessee on life insurance premium of Rs  The tax slabs were revised, the rebate under Section 87A was extended up to Rs 7 lakh of income, benefit of standard deduction in new tax regime was introduced