Snap Income Limits 2024. Taxing capital gains at the same rate as ordinary income for those making more than $1 million; 66% taxpayers opted for new regime for itr filing during current season, says cbdt chairman
Nirmala sitharaman’s budget 2024 raises standard deduction to rs 75,000 for salaried individuals and pensioners, and rs 25,000 for family pensioners. Below are the snap income limits beginning october 1, 2023, through september 30, 2024:
