Tax Slab 2024-24. Due dates for filing the itr. Check out the latest income tax slab for salaried, individuals and senior citizens by the it department.
Further, the slab rates under the old tax regime are divided into three categories. By taxconcept february 3, 2024.
Excel Income Tax Calculators Are Spreadsheets That Assist Users In.
Here's our latest guide on the new income tax slab for both old and new tax regimes for individuals below 60 years and senior citizens.
2) Tax Rebate Under Section 87A Increased From Rs 5 Lakh To Rs 7 Lakh.
This structure clearly shows how taxes are calculated at each income slab, ensuring a progressive tax rate that increases with higher income brackets.
Tax Slab 2024-24 Images References :
1) Income Tax Exemption Limit Increased From Rs 2.5 Lakh To Rs 3 Lakh.
2) tax rebate under section 87a increased from rs 5 lakh to rs 7 lakh.
Refer Examples &Amp; Tax Slabs For Easy Calculation.
Make new tax regime the default tax regime for the assessee being an individual, huf, aop.