New Tax Rules 2024 | Sitharaman Announces Changes In Tax Slabs Under New Tax Regime Under Budget 24

FM Sitharaman announces changes in tax slabs under new tax regime”In the new tax regime the tax rate structure is proposed to be revised as follows..0-3 lakh NIL3-7 lakh 5%7-10 lakh 10%10-12 lakh 15%12-15 lakh 20%Above 15 lakh 30%As a result of these changes, a salaried employee, in the new tax regime, stands to save upto Rs 17,500 in Income Tax”