Income tax benefits 2023-2024 | 7 income tax exemptions applicable for New Tax regime

Описание

New tax regime vs Old Tax regime. What are new tax slab for 2023-24 in India? New Rules from April 2023. How to calculate tax benefits and new vs old rules comparisons.

#NewTaxSlab2023-24 #taxbenefits #NewTaxExemptions

1 : Standard Deduction of Rs 50,000 for salary and pension
2 : NPS Contribution
3 : Standard deduction on rental income
4 : EPF
5 : Section 87A
6 : PPF or Sukanya Samriddhi Yojana, Gold SGB maturity proceeds
7 : Section 80 CCH

Post Office Monthly Income Scheme full details - https://youtu.be/tn80OY2Mc0s
7 Best Investment option for Sr Citizen 2023 - https://youtu.be/lcJZScxmGzo
3 New Rules Senior Citizen Savings Scheme (SCSS) 2023 : https://youtu.be/TpqqLtVktlA
Best FD rates Interest rate April 2023 - https://youtu.be/NEYo5DIt-UI
Post office Interest rates 2023 - https://youtu.be/vJ9xqymzE7c

New income tax slab rates for FY 2023-24
1. What is difference between old and new tax regime?
2. What is new regime of income tax?
3. When did new tax regime start in India?
4. Can I select new tax regime?