New Income Tax Regime

On July 23, 2024 Finance Minister Nirmala Sitharaman Announced Budget 2024-25, here is the new income tax Regime

Income tax is a tax charged on the annual income of an individual or business earned in a financial year

Over Rs.3 lakh to Rs. 5 lakh Over Rs.5 lakh to Rs.6 lakh Over Rs.6 lakh to Rs. 9 lakh Over Rs.9 lakh to Rs.10 lakh

5% 5% 10% 15%

Income Tax Slab 2024

Over Rs.10 lakh to Rs.12 lakh Over Rs.12 lakh to Rs.15 lakh Above Rs.15 lakh

15% 20% 30%

Income Tax Slab 2024