New Tax Slab 2024-24. Further the basic exemption limit has been hiked to rs.3 lakh from rs.2.5 earlier under the new income tax regime. Cess will be levied at 4% on income tax amount.
The standard deduction, which reduces the taxable income, has been increased from rs. The following tables show the revised income tax slabs, not the old tax regime.
New Tax Slab 2024-24 Images References :
