Hi, if you are trying to know about the tax slab for ladies, then I can be of help to you. Previously, the basic tax exemption limit was higher for women. But since 2012 - 13, this difference in tax exemption between men and women has been removed and common tax slabs were introduced. The common tax slabs focus on tax exemption based on income and age, irrespective of gender.
What is the Ladies Income Tax Slab for FY 2024 -25?
During the Union Budget 24, the tax slabs were revised under the new tax regime, and it was made applicable for FY 2024-25. I have added a list below with the required information.
Income Tax Slabs |
Taxation Rate |
Below Rs. 3,00,000 |
Nil |
Between Rs. 3,00,001 - Rs. 7,00,000 |
5% of total income that exceeds Rs. 3,00,000. |
Between Rs. 7,00,001 - Rs. 10,00,000 |
Rs. 20,000 + 10% of total income that exceeds ₹7,00,000 |
Between Rs. 10,00,001 - Rs.12,00,000 |
Rs. 50,000 + 15% of total income that exceeds ₹10,00,000 |
Between Rs. 12,00,001 - Rs. 15,00,000 |
Rs. 80,000 + 20% of total income that exceeds Rs. 12,00,000 |
Rs. 15,00,001 Onwards |
Rs. 1,40,000 + 30% of total income that exceeds Rs. 15,00,000 |
The tax slab mentioned above is only for women below 60 years of age. I hope this answers your query about what is the income tax slab for ladies.
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Authors Of The Question
What is the Income Tax Slab for Ladies?
Lila
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1 Answers
55 days
2024-10-28T19:47:35+00:00 2024-10-28T19:47:36+00:00Comment
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