What Are The New Tax Brackets For 2024 In India
What Are The New Tax Brackets For 2024 In India. The new tax income tax slabs in the new tax regime will be effective from april 1,2024 once the budget is passed by parliament and receives presidential assent. Sections 2 to 10 of the act are scheduled to come into force on 1 april 2024, marking the beginning of the new financial year.
Here’s our latest guide on the new income tax slab for both old and new tax regimes for individuals below 60 years and senior citizens. Sections 11 to 13 will be activated on a date specified by the central government through a.