Old Income Tax Slab For Ay 2024-25. New tax regime vs old tax regime fy24: The income tax exemption limit is up to ₹2,50,000 for individuals, hufs below 60 years of age, and nris.
A brief introduction to the old and new income tax regimes. As the new financial year commenced on april 1, salaried individuals need to choose between the new and old tax regimes.
This Service Also Provides A Calculation Of Tax Under The Old Or New Tax Regime With A Comparison Of Tax As Per The Old And New Regime.
The finance minister made changes in the income tax slabs under the new tax regime.
The Income Tax Exemption Limit Is Up To ₹2,50,000 For Individuals, Hufs Below 60 Years Of Age, And Nris.
As the new financial year commenced on april 1, salaried individuals need to choose between the new and old tax regimes.
The Highest Surcharge Rate Of 37% Reduced To 25% In The New Regime.
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Rebate Under Section 87A Increased To Taxable Income Of Rs 7 Lakh (Tax Rebate Of 25,000) From 5 Lakh.
The income tax exemption limit is up to ₹2,50,000 for individuals, hufs below 60 years of age, and nris.