Income Tax Rates Cut, Income Between Rs 5 – 7.5 Lakhs par Sirf 10%
Finance Minister Nirmala Sitharaman be Budget 2020 Declare kiya hai jis mai Income Tax rate mai Cut kiya gaya hai
New Personal Tax Regime
Budget 2020 Income between
1) Rs 5 to 7.5 lakh tax reduced from 20% to 10%
2) Rs 7.5 to 10 lakh tax reduced from 20% to 15%
3) Rs 10 to 12.5 lakh reduced from 30% to 20%
4) Rs 12.5 to 15 lakh reduced from 30% to 25%
5) Greater than 15 lakh, 30%
No Tax Upto Rs 5 lakhs on Income
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