including revising the tax slab rates and increasing the tax rebate to INR 60,000 for incomes up to INR 12 lakh under Section 87A. While the slab rates under the old tax regime have not been ...

India follows a progressive tax system, meaning your tax rate increases as your income rises. To simplify, income is divided into different slabs, each attracting a specific tax rate. Here’s how the ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.