New Income Tax Slabs 2024. Know which itr you should file. Check out the latest income tax slabs and rates as per the new tax regime and old tax regime.
Significant updates to the new tax regime were introduced in budget 2023, with changes to the income tax slabs applicable for the current financial year from april 1, 2023, to march 31, 2024. Income tax slabs, union budget 2024 live:
Know Which Itr You Should File.
3) going forward, the new income tax regime is the default tax regime.
2) Tax Rebate Under Section 87A Increased From Rs 5 Lakh To Rs 7 Lakh.
Discover the tax rates for both the new tax regime and the old tax regime.
New Income Tax Slabs 2024 Images References :
2) Tax Rebate Under Section 87A Increased From Rs 5 Lakh To Rs 7 Lakh.
Finance minister sitharaman has proposed increasing the deduction on family pension for pensioners from ₹15,000 to ₹25,000.
Check Here For The Latest Income Tax Slabs &Amp; Details Of Different Income Tax Regimes For Tax Slabs In India.
Shalini jain, tax partner, people advisory services, ey india says, the changes announced in the income tax slabs will lead to savings up to rs 17,500 for taxpayers opting for new tax regime.