As a chartered accountant, what's your take on the new income tax

2024 federal income tax rates ; 15%, on the portion of taxable income that is $55,867 or less, plus ; %, on the portion of taxable income over

Income Tax rate chart for fy 2021 22

income tax on lottery Income Tax Returns: Tax slabs ; Income Slab Tax Rate ; Up to 2,50,000, Nil ; 2,50,001 – 5,00,000, 5 ; 5,00,001 – 7,50,000, 10 ; 7,50,001 –

income from winning of lottery is taxable under Income tax slab changes are the last items cleared in the budget schedule in India My long experience of North Block