Saturday, July 1, 2023

New Income Tax Slabs for FY 2023-24 New Regime & Old Regime Tax Rates

 

New Income Tax Slabs for FY 2023-24  New Regime & Old Regime Tax Rates

Income Tax Slab Rate for New Tax Regime

Range of Income

Tax Rate

Upto 3,00,000

Nil

3,00,000-6,00,000

5%

6,00,000-9,00,000

10%

9,00,000-12,00,000

15%

12,00,000-15,00,000

20%

Above 15,00,000

30%

Income Tax Slab Rate for Old Tax Regime

 

Range of Income

Tax Rate

Up to 2,50,000

Nil

2,50,000-5,00,000

5%

5,00,000-10,00,000

20%

Above 10,00,000

30%

 

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