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Which income tax slabs are applicable for FY 2022-23 (Ay 2023-24)?
Are there any changes to income tax slabs in FY 2023-24?
Are there any changes in direct tax in 2024-2025?
What are the tax slabs for FY 2024-25?
Jun 7, 2024 · Latest Income Tax Slab & Tax Rates in India for FY 2023-24 (AY 2024-25): Check out the latest income tax slabs and rates as per the New tax regime and Old tax regime.
Jun 21, 2024 · Find the current tax rates and brackets for 2023 based on your income and filing status. See how the tax brackets work and how they change for different filers.
Feb 4, 2023 · The changes announced in the income tax slabs under the new tax regime is applicable for incomes earned in current the FY 2023-24, starting from April 1, 2023. Know what are the new income tax slabs under the new tax regime from FY 2023-24 and how they are different from existing ones. New Tax Regime: All the changes you should know about.
- Preeti Motiani
Dec 13, 2023 · Income Tax Slabs FY 2023-24 & AY 2024-25. Income Tax Tax Deduction. By Avneet Kaur Updated Dec 13, 2023. In India, income tax liability is calculated on the basis of your applicable slab rates. The finance minister of India outlines these slab rates.
Feb 1, 2023 · The new income tax slabs announced under the new tax regime are applicable for the incomes earned in the FY 2023-24, i.e., between April 1, 2023 and March 31, 2024. For the income tax return filing for FY 2022-23 (AY 2023-24), whose last date of filing is July 31, 2023, the old income tax slabs under the new tax regime will be applicable.
- Preeti Motiani
Listed below are the changes announced in the new tax regime income tax slabs in Budget 2023 for the financial year 2023-24: The new income tax regime will be the default tax regime. This means that unless and until an individual explicitly chooses the old tax regime, the person’s income will be taxed as per the new tax regime's slabs.
Jul 25, 2023 · This comprehensive guide on income tax rates for FY 2023-24 / AY 2024-25 provides clarity on tax liabilities for individuals, HUFs, and various types of companies. Readers can use this information to plan their financial decisions and tax strategies effectively.