Tax Rates For Ay 2024-25 New Tax Regime. Income between rs 5 lakh and rs 10 lakh is taxed at 20%, with a rs 12,500 base amount. 17 new tax deduction allowed in new tax slab/regime in itr filing ay, 37% of income tax if total income exceeds rs.5 crore.


Tax Rates For Ay 2024-25 New Tax Regime

Changes announced in the new tax regime in budget 2024. In the most recent tax system, there is no tax bracket that is of 25%.

Tax Rates For Ay 2024-25 New Tax Regime Images References :