Budget 2023

0-3 Lakh - No Tax
3-6 Lakh - 5%
6-9 Lakh - 10%
9-12 Lakh - 15%
15 Lakh - 30%

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Salaried people will get nothing..

If New purchase
pay tax
ElseIf Invest
pay tax
ElseIf Save karo
pay tax
Else
Pay tax ๐Ÿ˜‚๐Ÿ˜‚

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@ibm2 : hahahah u r correct... Infinity loop

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Old regime Wale marr jae

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So I was always right to plan to settle in the wilderness chopping wood and living in peace.

funny

This is mainly done so that we don't use the loopholes like 80g,80ggc and HRA to parents.
From next financial year I think old slab will not exists as govt wants majority of us opt for new regime

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They will not remove it ..next is election year but yeah down the line there will be only new regime

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Carrots ๐Ÿฅ•

Nothing for old regime.

New regime set to be default which is rejected by most of the indian individuals

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Then LIC will go in loss what will be motivation to take insursnce

Please mention no deductions โš ๏ธ

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Standard deduction of 52,500 over 15.5lakhs is there

12-15 lakhs is 20 percent

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This slab will be effective from when ? Any effect on what we earned during 1 april 2022 to 31 march 2023

1 April 2023

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