Revised tax slabs under new tax regime
New Delhi (PTI): Following are the revised slabs and rates under new tax regime announced in the FY26 Budget:
Income up to Rs 4 lakh (per annum) ----- Nil
Between Rs 4 and 8 lakh ---------------- 5 per cent (tax)
Between Rs 8 and 12 lakh --------------- 10 per cent
Between Rs 12 and 16 lakh -------------- 15 per cent
Between Rs16 and 20 lakh --------------- 20 per cent
Between Rs 20 and 24 lakh -------------- 25 per cent
Above Rs 24 lakh ------------------------- 30 per cent
* Nil tax slab will apply for annual income up to Rs 12 lakh (Rs 12.75 lakh for salaried tax payers with standard deduction of Rs 75,000) under new tax regime.
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Gujarat court sentences three to life imprisonment in cow slaughter case
Ahmedabad: A sessions court in Gujarat’s Amreli district recently sentenced three persons to life imprisonment for cow slaughter under provisions of the Gujarat Animal Preservation Act.
In the judgement, Sessions Judge Rizvana Bukhari held Kasim Solanki, Sattar Solanki and Akram Solanki guilty of cow slaughter, observing that the three men did it despite knowing that the animals were considered sacred in Hinduism, as reported by Deccan Herald.
The court also imposed a heavy fine of Rs 6 lakh on each of the accused.
The Gujarat Animal Preservation Act prohibits slaughter of any animal of cow progeny in the state.
The Bhupendra Patel-led Gujarat government hailed the verdict as "historic" and asserted that the government was committed to protect the cow which is the "center of Indian culture and faith and the state government will have no mercy" for such crimes.
During the proceedings, Special Public Prosecutor Chandresh Mehta said that this was the first time that three persons had been convicted and sentenced to life imprisonment in a single case of cow slaughter in Gujarat by a court.
