WebbSince his dividend income exceeds Rs 5,000, the company will deduct a TDS @7.5% on the dividend income which is Rs 450. Mr Ravi will receive the balance amount of Rs 5,550. Further, the dividend income is the taxable income of Mr Ravi taxed at the slab rates applicable for FY 2024-21 (AY 2024-22). Webb1 feb. 2024 · In a recent clarification issued by the income tax department, if a taxpayer has received a pension from the former employer, it is taxable under the head ‘Salaries’. Therefore, the taxpayer can claim a standard deduction of Rs. 40,000* or the amount of pension, whichever is less.

Income Tax Slab Rate for Senior Citizens for FY 2024-22 - Paytm

WebbIncome Tax Slabs for Individuals for the FY 2024–22 Income tax Slab rates for Resident Senior citizens (60 to 80 years of age) Income Tax Rates for Resident Super senior citizens (aged more than 80 years) these are the slab rates with a comparison with the previous income tax slab rates. Webb10 sep. 2024 · This article covers the following: 1. Income Tax Slab rates for FY 2024-21 under New Tax Regime. 2. Income Tax Slab rates for FY 2024-21 under Old Tax Regime. … theatre textes enfants

Latest Income Tax Slab and Tax Rates for FY 2024-21

WebbMay, 2024. Capital gain on such sale amounted to Rs. 8,40,000. In this case the house property is a short-term capital asset and, hence, gain of Rs. 8,40,000 will be charged to … Webb17 dec. 2024 · Income Tax Slab For AY 2024-21 for Senior Citizens. Note 1:- An additional 4% health & education cess will apply to the tax amount calculates as above. Note 2:- A … WebbThreshold of tax audit increased from Rs.5 crore to Rs.10 crore for NRIs. In the Union Budget 2024 announced by the Finance Minister Nirmala Sitharaman on 1 February … theatre theater