Income Tax Slab New Regime Fy 2024-24. 2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh. The general slab rates applicable in the case of an individual or huf are 5%, 20%, and 30%.


Income Tax Slab New Regime Fy 2024-24

Expansion of income brackets for lower tax rates of 5%, 10%, 15%, and 20%. The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh.

Income Tax Slab New Regime Fy 2024-24 Images References :