New Tax Regime (FY 2024-25) The new tax regime for FY 2024-25 gives a rebate under Section 87A, so if your income doesn't cross Rs 7 lakh, you won't have to pay any tax. The revised tax slabs are ...

New Tax Regime Deductions: The Government of India has introduced the New Tax Regime to simplify personal income tax. Out of the total 7.28 crore income tax returns (ITRs) filed for the financial ...