New Tax Regime Slabs 2024 24. 2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh. Income tax slabs (in rs) income tax rate (%) between 0 and 3,00,000:
As the new financial year commenced on april 1, salaried individuals need to choose between the new and old tax regimes. 50 lakh up to rs.
A) Change In Tax Slab Of ‘New Tax Regime’.
All the changes you should know about.
1) Income Tax Exemption Limit Increased From Rs 2.5 Lakh To Rs 3 Lakh.
50 lakh up to rs.
2) Tax Rebate Under Section 87A Increased From Rs 5 Lakh To Rs 7 Lakh.
Images References :
Reduced Surcharge In New Tax Regime:
10% of income tax, where total income exceeds rs.
Current Income Tax Slabs Under New Tax Regime.
Under the new tax regime slabs, some deductions and exemptions that were available under the.
Income Tax Slabs (Rs) Income Tax Rate (%) From 0 To 3,00,000: