Income Tax Slab For Ay 2024-24

Income Tax Slab For Ay 2024-24. However, the eligible taxpayers have the option to opt out of new tax regime. 2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh.

Updated tax structure for new tax regime. The minister of finance, nirmala sitharaman, updated the tax structure in the new tax regime in which the standard deduction is increased to rs.