Tax Brackets 2024 India Old Regime. However, based on your investments and other tax saving procedures. Discover the tax rates for both the new tax regime and the old tax regime.
Anyone who has an income that crosses a specific threshold is required to pay taxes. The old tax regime refers to the system of income tax.
Finance minister nirmala sitharaman is.
Considering only standard deduction of rs.
That will be decided after review,โ nirmala sitharaman said, addressing a press conference following the budget presentation.
The higher tax rebate limit allows for a full tax rebate on incomes up to rs 7 lakhs, an increase from rs 5 lakhs in the old tax regime.
