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No Tax on 9 Lakh Income in New Tax Regime, Marginal Relief Benefit| 2024 Income Tax Saving

No Tax on 9 Lakh Income in New Tax Regime, Marginal Relief Benefit | How to calculate marginal relief 2024| No tax above 7 lac #Taxsaving2024 #Howtosavetaxin2024 Latest update: Budget 2023 changes under new tax regime No tax if income is up to Rs 7.5 lakh in case of New tax regime for FY 2023-24 How taxes are calculated on salary above ₹7 lakh in new regime? A quick view How to Save Tax For Salary Above 8 Lakhs? Income Tax Slabs FY 2023-24 and AY 2024-25 (New & Old ... Section 115BAC of Income Tax Act: New tax Regime New tax slabs, no tax on income up to Rs 7 lakh in new Tax Regime New Tax Regime - ZERO Income Tax on Income up to Rs. 7 Lakh [Calculation] No tax upto 12 lakhs salary AY 24-25| How to save tax on 12 lakhs income| How can you save taxes on the income of 12 lakhs? Income Tax 2024 | Old Tax vs. New Tax Regime | Which is Right for You? | #marginal_tax_relief / New tax Ragime fy 23-24/जाने कितना मिलेगा बेनिफिट टैक्स में। Marginal relief . New tax regime vs old tax regime. Which tax regime is better for saving income tax? Income Tax Saving Tips How to maximize tax savings for salary income? What are the tax saving options under the new tax regime? Best tax saving options under old and new regimes? What are the new tax slab rates? Effective tax planning tips for 2024 How to plan taxes for salary income? Is the new tax slab more beneficial? How to save more tax on salary? Tax planning guide for individuals. Tax savings with joint home loan You can avail of the tax rebate under Section 87A in the new tax regime in 2024: Eligible taxpayers: Resident individuals with a taxable income of up to Rs. 7,00,000 in the financial year 2023-24 (assessment year 2024-25). Rebate amount: Rs. 25,000, or the amount of tax payable, whichever is lower. Now, the new tax regime offers two deductions through which a salaried individual (opting for the new regime) can save tax in FY 2023-24. These are: (i) Standard deduction of Rs 50,000 from salary/pension;(ii) A deduction under Section 80CCD (2) of the Income-tax Act, 1961, for investment made in the National Pension System (NPS) by the individual's employer. Changes in income tax laws in FY 2023-24 Following are the changes made in the new tax regime for FY2023-24 and onwards: a) Income tax slabs reduced from six to five. b) Basic exemption limit hiked to Rs 3 lakh from Rs 2.5 lakh; an increase of Rs 50,000 c) Income tax rebate hiked. Zero tax payable under new tax regime if taxable income does not exceed Rs 7 lakh in a financial year d) New tax regime becomes default tax regime unless taxpayer opts for the old regime New tax regime | How to save income tax in FY24 Tax-saving guide 2024 | Calculating income tax | 80C, 80D, tax-saving deductions and exemptions How to Save Tax in New Tax Regime 2024 | Save Tax under New Tax Regime NPS Tax Benefits | NPS in New Tax Regime Benefits | NPS Deduction Income Tax 2024 2024 Income Tax Saving and Tax Planning Guide | New vs Old Regime | New Tax Regime में ये Deduction मत भूलना | Exemption In New Tax Regime Tax Saving Tips 2024 | How to Save Tax for Salary Above 10 Lakh Salaried Employees Deductions in New Tax Regime 24-25| New tax regime 2024|New tax regime vs Old tax regime 2024| New Tax Regime Exemptions List 2024| New regime vs Old Regime| Rebate under Sec. 87A of Income Tax AY 2024-25 | Old Regime & New Regime Income Tax Calculation between ₹3 Lakh to ₹20 Lakh | ZERO Tax up to 9 Lakh Income [Hindi] Tax calculation on salary in New Tax Regime | New Tax Regime deductions | New Tax Regime AY 2024-25 Income Tax Slab FY 2023-24 | New Income Tax Slab AY 2024-25 | New Income Tax Slab Rates The Union Budget for FY24 introduced marginal tax relief in the new tax regime. It is a welcome initiative for those whose income marginally exceeds the Rs 7.5 lakh tax-free limit. But first, let’s see how Rs 7.5 lakh becomes tax-free in the new regime. Marginal Relief New Tax Regime AY 24-25| How to calculate marginal relief 2024| No tax above 7 lac | Marginal Relief New Tax Regime AY 24-25 new tax regime marginal relief ay 24-25 how to calculate marginal relief income tax 2024 No tax above 7 lac new tax regime budget 2023 income tax marginal relief new tax regime fy 23-24 marginal relief 2024, marginal relief under new tax regime ay 24-25, marginal relief in income tax, concept of marginal relief, marginal relief on tax, marginal relief calculation, marginal relief under income tax 2024, old tax vs new tax regime, what is marginal relief , how to calculate marginal relief, income tax, new tax regime marginal relief fy 23-24, #newtaxregimemarginalrelief #marginalreliefnewconcept #incometaxmarginalrelief #NewTaxRegimeVsOldTaxRegime #taxplanning Disclamer: This video is only for Education Purpose.