Budget 2024: No tax on annual income up to Rs lakh if basic

Tax Rebate under Section 87A income tax slot For example, if your total annual income is above Rs 10 lakh, you fall into a 30% tax slab If the interest earned on FD is Rs 1 lakh, you will pay Rs 31,200 as usb slot types Income Tax Slabs Budget 2023: Finance Minister Nirmala Sitharaman on February 1

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