New Delhi: The government announced significant changes to the new tax regime. The standard deduction has been increased from Rs 50,000 to Rs 75,000. Pensioners will benefit from a higher deduction on family pension, which has been raised from Rs 15,000 crore to Rs 25,000 crore.
Under the new tax regime, the tax slabs have been revised as follows:
Gold Rate
Monday 10 Feb. 2025
Gold 24 KT
85,600 /-
Gold 22 KT
79,600 /-
Silver / Kg
96,000 /-
Platinum
44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
Income up to Rs 3 lakh: Nil tax
Income between Rs 3 lakh and Rs 7 lakh: 5% tax
Income between Rs 7 lakh and Rs 10 lakh: 10% tax
Income between Rs 10 lakh and Rs 12 lakh: 15% tax
Income above Rs 15 lakh: 30% tax
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