2024 Tax Bracket Changes In India

2024 Tax Bracket Changes In India.  — in the new regime, individuals with an annual income over rs 15 lakh are placed in the highest tax bracket of 30%, whereas, under the old regime, this 30%. Finance minister nirmala sitharaman’s union.

The new tax slabs under the new income tax regime will be effective from april 1, 2024. Highlights include revised tax slabs, increased deductions, and simplified.