Union Budget 2023

[IndiaN]

Key Highlights

 

[Ashok Varma]

The income tax slabs under the new income tax regime will be as follows:
a) Rs 0 to Rs 3 lakh - 0% tax
b) Rs 3 to 6 lakh - 5% tax
c) Rs 6 to 9 lakh - 10% tax
d) Rs 9 lakh to Rs 12 lakh - 15% tax
e) Rs 12 lakh to Rs 15 lakh - 20% tax
f) Above Rs 15 lakh above - 30% tax

- Individuals with income of Rs 15.5 lakh and above have been made eligible for standard deduction of Rs 52,500 in new tax regime in Budget 2023.
New in the new income tax regime
- Basic exemption limit is hiked to Rs 3 lakh from Rs 2.5 lakh
- Rebate under section 87A has been hiked from Rs 5 lakh to Rs 7 lakh

 

[federer.reddevil]

Really good budget I would further like to see what are the updates in Railways

 

[somnath chakraborty]

Mobile , tv will be became less costly

 

[greylala91]

https://twitter.com/x/status/1620701804127453185

Source

 

[iDJ]

Mobile , tv will be became less costly

Now all we knew are edible TVs and mobiles.

 

[somnath chakraborty]