So now there is old tax regime, new tax regime applicable till AY 2023-24 and Revised new Tax Regime applicable from AY 2024-25.Now taxpayer has a choice to Take Deductions and stick with the old tax slabs and not take deductions and opt for new tax slabs. Which one should one choose...
Tax slabs rates in old and new tax regimeSubmit a Comment Your email address will not be published. Required fields are marked * This site uses Akismet to reduce spam. Learn how your comment data is processed.YouTube Videos on Income Tax How to file ITR1 new Income Tax Website, for ...
The Union Budget 2023 revised the new tax regime to be the default regime, effective from April 1, 2023. The old tax regime is, however, still available for taxpayers to use and it retains the benefit of exemptions and deductions. Under the new regime, the income tax slabs are the same...