Union Budget Update*
Personal income tax rates reduced to :-
Up to 5 lakhs- NIL
10% for income from 5 to 7.5 lakhs,
7.5 to 10 lakhs @ 15%,
10 lakhs to 12.5 lakhs @ 20%,
12.5 lakhs to 15 lakhs @ 25% and
Income above 15 lakhs it is @30%
Cess applicable @4% on total tax payable
**Education cess increased to 4% from 3% in budget 2018
CHANGES AFTER BUDGET 2020
Budget 2020 Income Tax Highlights with Key changes on Tax Slabs for Salaried, Self Employed assessee
Budget 2020 is out. Here in this video I have explained changes in Income tax Rates and new slabs.
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In this video you will get to know about:--
#Keychanges of budget 2020,
#Newtaxslabs after budget 2020
#FY2020-2021,#FY2019-2020
#AY2021-2022
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