New Tax Regime Slab Rate For Ay 2024-25 Calendar. New tax regime (until 31st march 2023) new tax regime (from 1st april 2023) income level for rebate eligibility ₹ 5 lakhs ₹ 5 lakhs ₹ 7 lakhs:. Reducing the number of slabs in the new tax regime to 5 and increasing the tax exemption limit to rs 3 lakh standard. Surcharge rate in old tax regime:
By taxconcept january 9, 2024. Hence, many taxpayers did not.
The New Tax Slab Would Be Default Tax Slab.
Change in tax structure in new tax regime:
The Revised Surcharge Rate As Follows:
In the 2020 budget, a new tax regime was introduced with lower tax rates and limited deductions/exemptions for individuals and hufs.
Images References :
Change In Tax Structure In New Tax Regime:
Income tax slabs under the new income tax regime.
New Tax Regime (Until 31St March 2023) New Tax Regime (From 1St April 2023) Income Level For Rebate Eligibility ₹ 5 Lakhs ₹ 5 Lakhs ₹ 7 Lakhs:.
