Normal Income Tax Slabs/ Rates for Resident Individuals: AY 2022-23
The normal income tax rates or slabs, the Higher Education Cess (HEC), the surcharge, the basic exemption limit, etc. as applicable for AY 2020–21 have remained the same for …
Tag: Tax Rebate
Full Income Tax Rebate u/s 87A for Individuals AY 2022-23: Income upto 5 Lacs
Section 87A of the Income Tax Act, 1961, provides for a 100% tax rebate if the income tax liability is up to Rs. 12,500 in respect of AY 2022-23 …
CBDT Amends Declaration Form 15H; Section 87A Rebate for Senior Citizens included
CBDT amends IT Rules to allow declaration in Form 15H for payment of certain income without TDS from a senior citizen whose income is higher than the basic exemption …
