Income Tax Slab For Ay 2024-25 New Regime Meaning. Fm sitharaman rejigs income tax slabs under new tax regime. The rebate under section 87a increased to rs 7 lakh. Let's understand income tax calculation under the current tax slabs and new tax slabs.
Fm sitharaman rejigs income tax slabs under new tax regime. It will remain at rs 50,000 under both the old and the new income tax regime.
7 Lakh, Up From The Previous Limit Of Rs.
To encourage taxpayers to adopt the new tax regime in budget 2023, the income.
It Will Remain At Rs 50,000 Under Both The Old And The New Income Tax Regime.
If you have an income of rs 20 lakhs, the best regime for you will depend.
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If You Have An Income Of Rs 20 Lakhs, The Best Regime For You Will Depend.
The tax slabs and rates are the same for all individuals and hufs under the new regime.
7 Lakh, Up From The Previous Limit Of Rs.
Income tax slabs (in rs) income tax rate (%) between 0 and 3,00,000: