There are no alterations in tax rates for companies, LLPs, or any other entities. 🏢
Tax incentives for sovereign wealth funds and startups are extended until March 2025. 🌱📅
Direct tax demands for amounts up to ₹25,000 for the period up to FY 2009-10 and ₹10,000 for the period up to FY 2014-15 are withdrawn, benefiting 1 crore people. 🎉 No tax liability for taxpayers with income up to ₹7 lakh under the new tax regime. 💸
For Corporate Taxes: 22% for existing domestic companies, 15% for certain new manufacturing companies. 🏭💼
VIDUR
VIDUR
The Income Tax slabs remain unchanged. 🔄
There are no alterations in tax rates for companies, LLPs, or any other entities. 🏢
Tax incentives for sovereign wealth funds and startups are extended until March 2025. 🌱📅
Direct tax demands for amounts up to ₹25,000 for the period up to FY 2009-10 and ₹10,000 for the period up to FY 2014-15 are withdrawn, benefiting 1 crore people. 🎉
No tax liability for taxpayers with income up to ₹7 lakh under the new tax regime. 💸
For Corporate Taxes: 22% for existing domestic companies, 15% for certain new manufacturing companies. 🏭💼
#budget2024 #india #incometax #gst
1 year ago | [YT] | 1
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