New Slab Rate For Ay 2024-25 New Tax Regime. Stcg tax rate hiked to 20%, ltcg tax rate made 12.5% for equity, property, others in budget 2024; Let us explore both the regimes of tax slab rates available to individuals and the surcharge rates as well.
C)extend the benefit of standard deduction to the ‘new tax regime’. 10% of income tax if total income exceeds ₹50 lakh but does not exceed ₹1 crore.
E) Making ‘New Tax Regime’ As Default Tax Regime Option.
No change in slabs of old tax regime
Under The New Tax Regime, Taxpayers With A Net Taxable Income Of Up To Rs 7,00,000 Are Eligible For A Rebate Of Up To Rs 25,000.
Total income ( rs.) tax rate (%) upto rs.
New Slab Rate For Ay 2024-25 New Tax Regime Images References :
1) Income Up To ₹ 2.5 Is Exempt From Taxation Under The Old Tax Regime.
Income tax slabs 2024 home loan deduction limit itr filing 2024 income tax slab rates ltcg tax rate.
D) Reduce The Highest Surcharge Rate From 37% To 25% In ‘New Tax Regime’.