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New Tax Regime In the new tax regime, the tax rate structure is proposed to be revised, as follows: ▪️ 0-3 lakh rupees - Nil ▪️ 3-7 lakh rupees - 5 percent ▪️ 7-10 lakh rupees - 10 percent ▪️ 10-12 lakh rupees - 15 percent ▪️12-15 lakh rupees - 20 percent ▪️ Above 15 lakh rupees - 30 percent As a result of these changes, a salaried employee in the new tax regime stands to save up to ₹ 17,500/- in income tax #UnionBudget2024 #BudgetForViksitBharat #Budget2024 Press Information Bureau - PIB, Gover
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