Tax Calculator choose old or new tax regime Video on how to choose old or new Tax slab Choose the old or new tax regime for FY 2022-23 Revised New Tax Regime from AY 2024-25 Tax rebate on an income of up to ₹7 lakhs has been introduced under the new tax regime. This means tha...
The changes announced will come into effect for the year FY2023-24 (also referred to as AY2024-25). Here’s how the new tax regime, which offers lower tax rates but withdraws exemptions available under the old one, looks like.