Income Tax Rates For Ay 2024-24. In the new income tax regime, the tax rebate limit (basic income tax exemption limit) for salaried and individual taxpayers has been raised to rs.3 lakh. Tax deduction at source (tds) is one of the important compliances of income tax.
2024 tax rates and standard deduction u/s rey modestine, in this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y. Income tax slabs for individuals under old tax regime