Old Income Tax Slab For Ay 2024-25. The finance minister made changes in the income tax slabs under the new tax regime. Given below are the three tables for the alternative.
Get the information about the old and new income tax slabs for individuals, senior citizens and super senior. The basic exemption limit has been hiked to rs 3 lakh from rs 2.5 currently under the new income tax regime in budget 2023.
The New Tax Regime Introduced In Budget 2023 Offers Lower Tax Rates But Does Not Allow Most Of The Deductions And Exemptions Available Under The Old Tax Regime.
Surcharge and cess are applicable as per rules.
The Finance Minister Made Changes In The Income Tax Slabs Under The New Tax Regime.
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Discover The Tax Rates For Both The New Tax Regime And The Old Tax Regime.
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The Changes Announced In The Income Tax.
Make new tax regime the default tax regime for the.
Individual Taxpayers (Below 60 Years) Earning An Annual Income Of Up To Inr 2.5 Lakh Are Exempt.
This service also provides a calculation of tax under the old or new tax regime with a comparison of tax as per the old and new regime.
Deductions And Exemptions Under The New Tax Regime Slabs.