Income Tax Slabs FY 2023-24 & AY 2024-25

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The income tax slabs have remained unchanged for the Financial Year 2022-23; assessment year 2023-2034 Read to know more!

As per the new tax structure, income between Rs 3-6 lakh would be taxed at 5 per cent; Rs 6-9 lakh at 10 per cent, Rs 9-12 lakh at 15 per cent, Finance Act 2023 has provided new tax slabs under the new tax regime Rebate under section 87A for those having taxable income upto Rs 7 lakhs

easy money slot machine benefit of Rs 46,800- is calculated at the highest tax slab of % for an individual assessee on life insurance premium of Rs  Choosing between the old and new tax slabs · Actual HRA received · Actual rent paid minus 10 per cent of basic salary and dearness allowance , if any · 50