Tax Slab Ay 2024-25 Old Regime. The old tax regime provides three slab rates for income tax levy, which are 5%, 20%, and 30% for different income brackets. A) change in tax slab of ‘new tax regime’. What is income tax slab?
The new tax slab would be default tax. As already outlined, the new tax regime has six different income tax slabs as compared to three under the old tax regime.
B) Increase In The Rebate Limit To Rs.7 Lakh In The ‘New Tax Regime’.
The tax slabs have been revised under the new tax regime.
Refer Examples &Amp; Tax Slabs For Easy Calculation.
Discover the latest tax slabs.
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The Old Tax Regime Provides Three Slab Rates For Income Tax Levy, Which Are 5%, 20%, And 30% For Different Income Brackets.
B) increase in the rebate limit to rs.7 lakh in the ‘new tax regime’.
