Income Tax Slabs For Fy 2024-24 Old Regime. Discover the tax rates for both the new tax regime and the old tax regime. In the old tax regime, the basic exemption limit for individuals below 60 years is rs 2.5 lakh.
Basic exemption limit for senior citizens. However, the taxpayers will have the option to continue with the old income tax regime.
Income Tax Calculator Is A Useful Tool To Determine Tax Liability With Respect To Income Tax Slabs And Deductions Available.
Make new tax regime the default tax regime for the assessee being an individual, huf, aop.
There Have Been No Changes Made In The Income Tax Slabs And Rates Under The Old Tax Regime In The Full Budget 2024, Presented Today.
The highest slab rate of 30% applies on income exceeding rs.
Income Tax Slabs For Fy 2024-24 Old Regime Images References :
Discover The Tax Rates For Both The New Tax Regime And The Old Tax Regime.
Income tax calculator is a useful tool to determine tax liability with respect to income tax slabs and deductions available.
Individual Taxpayers (Below 60 Years) Earning An Annual Income Of Up To Inr 2.5 Lakh Are Exempt From Paying Taxes Under The Old.
In the old tax regime, the basic exemption limit for individuals below 60 years is rs 2.5 lakh.
