What are the revised tax slabs for the New Tax Regime?

Created by Product Content Team, Modified on Wed, 18 Jun at 1:36 PM by Product Content Team

As part of the latest budget updates, the income tax slabs under the New Tax Regime are revised to provide a more structured taxation framework.

The updated slabs are as follows:

Income Tax slabs (Rs)	Income Tax rate (%)
From Rs 0 to 400000	Nil
From Rs 400001 to 800000	5%
From Rs 800001 to 1200000	10%
From Rs 1200001 to 1600000	15%
From Rs 1600001 to 2000000	20%
From Rs 2000001 to 2400000	25%
From Rs 2400001 and above	30%

These changes will take effect from April 1, 2025, ensuring seamless payroll and tax compliance for employees opting for the New Tax Regime.

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