New Tax Regime Slab Rate For Ay 2024-25
New Tax Regime Slab Rate For Ay 2024-25. Individuals under 60, those between 60 and 80, and those over 80. The old tax regime refers to the system of income tax.
The income tax slabs are revised periodically, typically during each budget. However, the eligible taxpayers have the option to opt out of new tax regime and choose to be taxed under old tax regime.