Union Budget 2024 Expectation: Probable Tax Breather For People Earning Above ₹15 Lakh | ET Now

GST Council Meet Expectation: Fresh Slab In New Tax Regime Expected? Relief For Taxpayers earing up to ₹5 Lakh. Tax Breather for people earning above ₹15 Lakh.

#budget2024 #unionbudget2024 #taxregime #businessnews #fmsitharaman #financeministers #etnow #statefinanceministers #budgetnews #budgetupdates

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[kirank]

Please check ITR returns files Manually and clear the back log of ITReturns of previous years first.
Automated checking of ITR not working ..
Please speed up the process.
Don't suffer tax payers this is harassment .
Kindly chk ITR mannually n resolve the issue ASAP 🙏

[atharali]

don't expect any thing from nirmalamma۔

[narendrakudva]

Too late ... if it was before Genaral election may result into few more seats ...for state election..local issue matters ..

[ampan]

People priority is health and education, govt priority is road. A disconnected govt.

[gvvskm]

Remove old tax regime.

Expecting Tax relief:
Only one Tax regime
simple Tax provision

Total gross income - exempted income (Fixed tax)

~ 5.0 lk: 0%
5.0-10.0 lk: 2%
10.0-20.0 lk: 4%
20.0-30.0 lk: 6%
30.0-50.0 lk: 8%
50.0-75.0 lk: 10%
75.0-1.0 cr: 12%
1.0-4.0 cr: 14%
4.0-8.0 cr: 16%
8.0-15.0 cr: 18%
15.0 cr & above: 20%

LTCG+STCG
*exemption limit to increase upto ~3.0lk
*Tax on capital gains
~5.0 lk: 2%
5.0-10.0 lk: 3%
10.0-20.0 lk: 4%
20.0-35.0 lk: 5%
35.0-50.0 lk: 6%
50.0-1.0 cr: 8%
1.0-5.0 cr: 10%
5.0 & above: 12%

Agriculture tax:
(For farmers)
~5.0 acre: 1%
5.0-10.0 acre: 2%
10.0-20.0 acre: 3%
20.0 & above: 4%

(For politicians)
~10.0 acres: 5%
10.0-25.0 acres: 8%
25.0 & above: 10%

[AjitTripathi-zffm]

Good morning. My Bhadhat 28 to 30 Arabs money make