Budget 2019 Income Tax Slab Latest 1 Feb 2019 – Upto 5 Lakhs No Income Tax – Here Is A Good News for All Tax payers Who were Waiting For Good News From Prime minister Narendra Modi . Pm Modi government Announced Tax Rebate Upto 5 Lakhs .

Interim Budget 2019 Live updates: No tax for income upto Rs 5 lakh/year, standard deduction raised to Rs 50,000

  • Individuals with income of upto Rs 5 lakh per year will get full rebate on Income Tax
  • Standard deduction for salaried class raised from Rs 40,000 to Rs 50,00
  • TDS threshold on interest on bank and post office deposits raised from Rs 10,000 to Rs 40,000
  • Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident funds and prescribed equities, Goyal explains

Budget 2019 Income Tax Slab Latest 1 Feb 2019 - Upto 5 Lakhs No Income Tax

Budget 2019 Income Tax Slab Latest 1 Feb 2019 – Upto 5 Lakhs No Income Tax

As per the current slabs, for individuals below 60 years, income up to Rs 2.5 lakh is exempt from tax. Five per cent tax is levied on income between Rs 250,001 to Rs 5 lakh; 20 per cent tax on income between Rs 500,001 and Rs 10 lakh; and 30 per cent tax on income above Rs 10 lakh.

Income SlabTax Rate 
0 – 5 Lakhs Nil – No Tax – Full Rebate
 5 – 10 Lakhs20 Percent Tax
 Above 10 Lakhs30 Percent

UPSC Prelims 2020 Test Series 400+ Tests Pdf Solution
 
Daily The Hindu News Paper 2019 Pdf Free
 

Follow US On Telegram For Latest Materials 

Join StudyDhaba.Com Telegram Channel – t.me/studydhaba

Latest Current Affairs Magazine 2019 Pdf 

UPSC Prelims ,Mains ,Optional Study Materials

UPSC Prelims Test Series 2020 Pdf Download

UPSC Mains Test Series 2019-2020 Download

UPSC Optional Test Series 2019-2020 Download 

SSC Study Materials 2019-2020 Pdf Download

IBPS Study Material 2019-2020 Pdf Download 

Insurance Exams Free Study Materials Pdf 2019

NEET Exam Free Study Material Pdf Download 

Latest RRB Study Material Pdf Download Free 

Teaching Exams Study Material Pdf Download 

 Donate Here For Free Study Materials  

Download The Hindu Daily News Paper E Paper Pdf 

EContact US  – ajitomghyan@gmail.com / admin@studydhaba.com

Note & Disclaimer – All Study Materials Here are shared Only For Educational Purposes .StudyDhaba Will Not Be Responsible . Whole Materials Is For Education Purpose Only .We Work hard to Provide You Quality Study Materials For All Competitive Exams .You can Also Share Study Materials,Notes Or Any Materials With Us .We Will Publish That Material On Our Website .It is a Humble Request To All Of You Please Share This Post With Your Friends And On Social Media .