2024 Tax Rates By Income Taxation. 12, 2024 10:30 am pt. In the new income tax regime, the tax rebate limit ( basic income tax exemption limit) for salaried and individual taxpayers has been raised to rs.3 lakh.

His economic policies call for transferring trillions in resources from. This includes changes the income tax slabs under the new tax regime, taxation of capital gains, hike in standard deduction, rates of tds and tcs and much more.