Income Tax Slab For Ay 2024-24 Old Regime. 04 /14 old tax regime: Changes announced in the new tax regime in budget 2023.
The new tax slab would be the default tax slab. The new income tax regime will be the default tax regime.
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Under the old tax system, they enjoy higher exemption limits.
Jun 16, 2023, 12:54:00 Pm Ist.
The introduction of the new tax regime in the 2020 budget, with further amendments in 2023, has stirred significant discussions among taxpayers.
New Income Tax Slab Rates Are Optional.
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Recently, In Budget 2023, The Government Has Reduced The Slab Rates For Taxpayers And Extended The Standard Deduction Benefit To Salaried Individuals And Pensioners In The New Tax Regime.
Basic exemption limit for senior citizens.
The New Tax Slab Would Be The Default Tax Slab.
Preferred tax regime, ay, taxpayer category, age, residential status, due date and actual date of submission of return.