Jump to content

Recommended Posts

Posted
1 hour ago, Lord said:

 

Seeing this in social media

 

 

image.png

 

Applicable for anyone that earns 12+ lakhs. Exemption only applicable for those with incomes of 12 lakhs or less and on the new tax regime. I still use the old tax regime - so no change for me.

Posted
3 minutes ago, bharathh said:

 

Applicable for anyone that earns 12+ lakhs. Exemption only applicable for those with incomes of 12 lakhs or less and on the new tax regime. I still use the old tax regime - so no change for me.

so whats the point of slabs of 0-4 and 4-8 lakhs :hmmm:

Posted
23 minutes ago, Lord said:

so whats the point of slabs of 0-4 and 4-8 lakhs :hmmm:

 

If you earn more than 12 lakhs (non-salaried) or 12.74 (salaried) you fall under the slab structure. If you earn more than that amount you fall under the slab structure.

Posted
4 minutes ago, bharathh said:

 

If you earn more than 12 lakhs (non-salaried) or 12.74 (salaried) you fall under the slab structure. If you earn more than that amount you fall under the slab structure.

 

so if I am earning 13 lakhs, tax will be 15% on basis of slabs, no?  How do first two slabs apply if below 12 lakhs there is no tax for everyone :hmmmm2:

×
×
  • Create New...