Revised Income -tax Slab under New Tax Regime – Union Budget 2024 as follows:
Income Range | Revised Tax Rate | Income Range | Old Tax Rate |
Rs. 0 – 3 Lakhs | NIL | Rs. 0 – 3 Lakhs | NIL |
Rs. 3 – 7 Lakhs | 5% | Rs. 3 – 6 Lakhs | 5% |
Rs. 7 – 10 Lakhs | 10% | Rs. 6 – 9 Lakhs | 10% |
Rs. 10 – 12 Lakhs | 15% | Rs. 9 – 12 Lakhs | 15% |
Rs. 12 – 15 Lakhs | 20% | Rs. 12 – 15 Lakhs | 20% |
Above Rs. 15 Lakhs | 30% | Above Rs. 15 Lakhs | 30% |
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