WebJan 12, 2024 · Advance Tax Due Date for AY 2024-24 AY 2024-23 is listed below. ... Applying applicable Tax rate @ 20%: 40,000: Income Tax Liability [12,500+(tax@ 20%)] 52,500: Add: Health & Education cess @4%: ... Taxpayer other than company whose accounts are to be audited: Online through Internet banking facility. WebFeb 7, 2024 · Income tax slab rate FY 2024-22 (AY 2024-23) – Applicable for New Tax regime. Income Tax Slab. New Regime Income Tax Slab Rates FY 2024-22. (Applicable for All Individuals & HUF) Rs 0.0 – Rs 2.5 lakh. NIL. Rs 2.5 lakh – Rs 3.00 lakh. 5% (tax rebate u/s 87A is available) Rs 3.00 lakh – Rs 5.00 lakh.
2. Income Tax Slab Rates For FY 2024-23 (AY 2024-24)
WebApr 11, 2024 · The income tax department has notified the cost inflation index (CII) number for the current financial year. The CII number is used to arrive at the inflation-adjusted … WebDec 9, 2024 · For the Assessment Year 2024-23 & 2024-24, a local authority is taxable at 30%. Add: ( a ) Surcharge : The amount of income-tax shall be increased by a surcharge at the rate of 12% of such tax, where total income exceeds one crore rupees. However, the surcharge shall be subject to marginal relief (where income exceeds one crore rupees, the ... m360 headphones manual
Income Tax Slab 2024: New income tax slab rates for FY 2024-24 …
WebSection 2 (1) (n) of the Limited Liability Partnership Act, 2008 defines “Limited Liability Partnership” as a partnership formed and registered under the Act. It is a distinct legal entity separate from its Partner. 1. ITR-4 (SUGAM) – Applicable for Individual, HUF & Firm (other than LLP) This return is applicable for an Individual or ... WebNew income tax slab rates have been substantially revamped in the 2024-2024 budgets. A tax rebate limit of Rs.3 lakh has been raised for salaried and individual taxpayers under the new income tax regime. Tax rebates for individual and salaried taxpayers have increased from Rs.5 lakh to Rs.7 lakh under the new income tax regime. WebJun 10, 2024 · Company Category Tax Rate; Domestic Company (1) Domestic Company:-where total turnover or gross receipts during financial year 2024-19 does not exceed Rs. 400 crore. 25% (2) Where it opted for Section 115BA: 25% (3) Where it opted for Section 115BAA: 22% (4) Where it opted for Section 115BAB: 15% (5) any other domestic Company: 30%: … m365 a5 for faculty