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Download Budget speech of FM 2020

Download Budget speech of FM 2020

Tax rate slabs for 2020

Taxable Income Slab (`) Existing Tax Rates New Tax Rates
0-2.5 Lakh Exempt Exempt
2.5-5 Lakh 5% 5%
5-7.5 Lakh 20%  10%
7.5-10 Lakh  20%  15%
 10-12.5 Lakh  30%  20%
 12.5-15 Lakh  30%  25%
Above 15 Lakh  30%  30%

 

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Budget Speech

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