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The finance budget of 2024 was presented on 23rd July 2024. There has been a lot of discussions on simplifying the tax regime.
Income From | Income To | Tax Rate |
0 | 3,00,000 | 0% |
3,00,000 | 7,00,000 | 5% |
7,00,000 | 10,00,000 | 10% |
10,00,000 | 12,00,000 | 15% |
12,00,000 | 15,00,000 | 20% |
15,00,000 | and above | 30% |
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