Income Tax Slabs Under New Regime Revised, Standard Deduction Increased: Finance Minister Lays Budget 2024


23 July 2024 7:03 AM GMT


Ongoing Enrollments:
Certificate Course in Labour Laws Certificate Course in Drafting of Pleadings Certificate Programme in Train The Trainer (TTT) PoSH Certificate course in Contract Drafting Certificate Course in HRM (Human Resource Management) Online Certificate course on RTI (English/हिंदी) Guide to setup Startup in India HR Analytics Certification Course

Union Finance Minister Nirmala Sitharaman today revised the Direct Income tax rates under the new regime.The revised rates are as follows:0-3L income- nil tax3-7L income- 5% tax7-10L income- 10% tax10-12L income- 15% tax12-15L income- 20% taxAbove 15L income- 30% taxEarlier, the rates under the new regime were as follows:0-3L: nil3-6L: 5%6-9L: 10%9-12L: 15%12-15L: 20%Above 15L:...