Tax Bracket For Ay 2024-25 . 10% of income tax if total income exceeds ₹50 lakh but does not exceed ₹1 crore. The tax slabs and rates are the same for all individuals and hufs under the new regime.
Following are the steps to use the tax calculator: It’s worth noting that in budget 2023, the highest surcharge rate of 37% was reduced to 25% under the new tax.
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