March 5, 2024

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Income Tax Rates For Ay 2024-25 New Regiment R I

Income Tax Rates For Ay 2024-25 New Regiment R I. Explore the intricacies of the new default tax regime for. Check how much income tax you need to pay A) change in tax slab of ‘new tax regime’.


Income Tax Rates For Ay 2024-25 New Regiment R I

Further the basic exemption limit has been hiked to rs.3 lakh from rs.2.5 earlier under the new income tax. Rs 3 lakh to rs 6 lakh:

Tax Rebate Limit Is Rs.

Discover the latest tax slabs.

B) Increase In The Rebate Limit To Rs.7 Lakh In The ‘New Tax Regime’.

50,000 available with new regime and old.

Images References :

Income Tax Rates And Bands.

C)extend the benefit of standard deduction to the ‘new tax regime’.

In Budget 2023, Rebate Under New Regime Has Been Increased To Rs.

50,000 available with new regime and old.