What Is The Income Limit For 2024. Surcharge and cess are applicable as per rules. Learn about income tax benefits for salaried individuals in a.y.
This return is applicable for an individual or hindu undivided family (huf), who is resident other than not ordinarily resident or a firm (other than llp) which is a resident having. The government hiked the basic income exemption limit from rs 2.5 lakh to rs 3 lakh under the new tax regime.