Income Tax Rates For Ay 2024-25 New Regime. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz. Taxable income is calculated based on specific slabs, derived by subtracting exemptions, deductions, and rebates from the gross income.
The new tax regime offers six different new income tax slabs for individuals and hufs when compared to three in the old regime. Under the new tax regime,.
Taxable Income Is Calculated Based On Specific Slabs, Derived By Subtracting Exemptions, Deductions, And Rebates From The Gross Income.
For the financial year 2024.
The New Tax Slabs Under The New Income Tax Regime Will Be Effective From April 1, 2024.
In the new income tax regime, the tax rebate limit (basic.
Income Tax Rates For Ay 2024-25 New Regime Images References :
Taxable Income Is Calculated Based On Specific Slabs, Derived By Subtracting Exemptions, Deductions, And Rebates From The Gross Income.
The default scheme would be the new tax regime.
Under The New Regime Of Taxation, The Taxpayers Can Avail Of An Option To Opt.