New tax proposals have emerged for the salary category, under which those earning Rs 50,000 per month will be exempt from tax.
According to the budget document, those earning a monthly salary of Rs 50,000 will not be taxed, while those earning a monthly salary of Rs 50,000 to Rs 1,000 will be taxed at 2.5%. You will feel
Similarly, 20% monthly tax will be levied on more than Rs. 2000 and Rs. 3 lakh, Rs. 5 and 4 thousand rupees on 5 thousand monthly salary 3 to 5 lakh rupees.
According to the document, a salary of Rs 2 million is paid. Rs 5 to 10 lakh will be taxed. The tax will be 35%, and the flat tax will end on June 30, 2023.
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