Income Tax Slab 2024-24 India. This year, interim union budget for the fiscal year 2024. The latest budget for 2023 has introduced some significant changes to the income tax slabs in the new tax regime, aimed at making it more appealing to individual.
2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh. Up to ₹ 5,00,000 nil:
Currently, There Are Two Income Tax Regimes From Which A Salaried Individual Has To Choose One.
Income tax slab rates for individuals and hufs below 60 years:
Up To ₹ 5,00,000 Nil:
Income tax slabs in india are announced by the finance minister every year.
This Year, Interim Union Budget For The Fiscal Year 2024.
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The Finance Minister Made Changes In The Income Tax Slabs Under The New Tax Regime.
An individual or huf has to exercise the option under section 115bac (5) to.
Income Tax Slabs In India Are Announced By The Finance Minister Every Year.
C)extend the benefit of standard deduction to the ‘new tax regime’.
The Changes Announced In The Income Tax Slabs Under The.