Budget 2023: Income Tax Rebate Limit Increased To Rs 7 Lakh From Rs 5 Lakh Under New Tax Regime

INDIA Team Latestly| Feb 01, 2023 03:46 PM IST
A+
A-

On February 1, Finance Minister Nirmala Sitharaman announced that no income tax will be payable on income of Rs 7 lakh in the new tax regime. It was Rs 5 lakh earlier. FM Sitharaman said the New Tax Regime will be considered the default regime. However, the Old Tax Regime will be operational. Watch the video to know more.

Tags:
Budget Budget 2023 Budget 2023 highlight Budget 2023 Updates budget tax slabs 2023 Income Tax Income Tax Budget 2023 Income Tax Slab India Budget 2023 Highlights new budget 2023 income tax slabs New Income Tax Regime New Tax Regime New Tax Regime Explained Personal Income Tax Union Budget 2023
RELATED VIDEOS
Maharashtra Assembly Elections 2024: EC Officials Check Bags of Eknath Shinde, Devendra Fadnavis, Ajit Pawar After Uddhav Thackeray’s Criticism Over ‘Routine Check’

Maharashtra Assembly Elections 2024: EC Officials Check Bags of Eknath Shinde, Devendra Fadnavis, Ajit Pawar After Uddhav Thackeray’s Criticism Over ‘Routine Check’

2:18
Jharkhand Assembly Elections 2024: 64.86% Voter Turnout Recorded in First Phase of Polling

Jharkhand Assembly Elections 2024: 64.86% Voter Turnout Recorded in First Phase of Polling

2:08
Uddhav Thackeray Chopper Checking: EC Officials Inspect Shiv Sena (UBT) Leader’s Baggage in Helicopter Twice, Videos Surface

Uddhav Thackeray Chopper Checking: EC Officials Inspect Shiv Sena (UBT) Leader’s Baggage in Helicopter Twice, Videos Surface

2:20
No Halal Meals for Non-Muslim Passengers on Air India Flights, Airline To Serve Halal-Certified Food Only on Select Routes

No Halal Meals for Non-Muslim Passengers on Air India Flights, Airline To Serve Halal-Certified Food Only on Select Routes

2:10
Dry Days in Maharashtra in November 2024: Alcohol Will Not Be Sold for 5 Days at Liquor Shops, Bars, Restaurants and Pubs in Mumbai, Thane, Pune and Other Places

Dry Days in Maharashtra in November 2024: Alcohol Will Not Be Sold for 5 Days at Liquor Shops, Bars, Restaurants and Pubs in Mumbai, Thane, Pune and Other Places

1:41
Telangana: Woman Escapes Death After Getting Stuck Under Truck in Huzurabad, Union Minister Bandi Sanjay Leads Successful Rescue Efforts

Telangana: Woman Escapes Death After Getting Stuck Under Truck in Huzurabad, Union Minister Bandi Sanjay Leads Successful Rescue Efforts

1:59
S Jaishankar Opens About How Is PM Narendra Modi as a Boss? External Affairs Minister Says ‘You Need To Be Fully Prepared for Discussions’

S Jaishankar Opens About How Is PM Narendra Modi as a Boss? External Affairs Minister Says ‘You Need To Be Fully Prepared for Discussions’

2:10
Himachal Pradesh: CID ‘Investigates’ How Samosas Meant for CM Sukhu Were Served to His Staff, Govt Denies ‘Official Probe’ Claim

Himachal Pradesh: CID ‘Investigates’ How Samosas Meant for CM Sukhu Were Served to His Staff, Govt Denies ‘Official Probe’ Claim

2:50

Short Videos
Google Trends Google Trends
France vs Israel
10K+ searches
West Indies vs England
10K+ searches
Greece vs England
5K+ searches
Gurpurab 2024
5K+ searches
Today's Trends
  • INR
  • USD
  • EUR
View all
City Petrol Diesel
New Delhi 96.72 89.62
Kolkata 106.03 92.76
Mumbai 106.31 94.27
Chennai 102.74 94.33
View all
Currency Price Change

Editor's Choice

Trending Topics
Virat KohliRohit SharmaNarendra ModiSalman KhanDiwali 2024DhanterasBhool Bhulaiyaa 3Singham AgainBigg Boss 18India National Cricket TeamPakistan vs EnglandHalloweenPro Kabaddi League
Close
Latestly whatsapp channel