Tax Rebate 2024 Trending 2024 . Tax payers falling in the highest tax bracket — those with a taxable income of rs 15 lakh or more — will save rs 7,500 on account of enhancement in the standard. Any increase in tax rebate under the new direct tax regime is unlikely in the interim union budget, which will be announced on february 1, a senior finance ministry.
Individuals with a taxable income of up to rs.7 lakh may be eligible for a rebate equivalent to their payable income tax on taxable income or. The city budgeted $500,000 for.
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