Basic Exemption Limit Is Increased For Income Tax Payers

Here is the new Income Tax Slab For Tax Payers

Old Regime

Upto 2.5 Lakh Tax Nill

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New Regime

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Income 0-3 Lakh Tax Nil

Old Regime

2,50,001 - 5,00,000 Tax 5%

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New Regime

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Income 3,00,001 -6 Lakh Tax @ 5%

Old Regime

Above 10 Lakhs Tax 30%

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New Regime

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Income 9,00,001-12 Lakh Tax @ 15%

New Regime

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Income 12,00,001-15 Lakh Tax @ 20%

New Regime

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Income above 15 Lakh Tax @30%

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