New Tax Slab 2024-24. With the implementation of the new tax regime, there. The highest slab rate of 30% applies on income exceeding rs.
1) income tax exemption limit increased from rs 2.5 lakh to rs 3 lakh. The new tax slab would be the default tax slab.
Know What Are The New.
1) income up to ₹ 2.5 is exempt from taxation under the old tax regime.
No Changes Have Been Made By The Finance Minister Nirmala Sitharaman In The Income Tax Slab Rates In Interim Budget 2024.
The general slab rates applicable in the case of an individual or huf are 5%, 20%, and 30%.
New Tax Slab 2024-24 Images References :
2) Tax Rebate Under Section 87A Increased From Rs 5 Lakh To Rs 7 Lakh.
With the implementation of the new tax regime, there.
The Income Tax Slab Rates For The Financial Year 2023.
1) income up to ₹ 2.5 is exempt from taxation under the old tax regime.