For individuals and hufs with income up to rs. The new tax regime was announced for individuals who were unable to claim the benefits of the deductions and tax exemptions available.
Provide investments including standard deduction,. Some income tax payers in scotland are set to face higher bills.
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For individuals and hufs with income up to rs.
April 2024 Calendar With Holidays;
A year successive to the financial year.
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Understand the impact of the new tax regime on deductions.
What Is The Assessment Year 2024 25?
Below are tables displaying the updated income tax slabs for the current tax regime, which were introduced in the 2023 budget.