New Regime Tax Slab 2024-24. The latest budget for 2023 has introduced some significant changes to the income tax slabs in the new tax regime, aimed at making it more appealing to individual. Let's understand income tax calculation under the.

In the new income tax regime, the rebate eligibility threshold is set at rs 7,00,000, allowing taxpayers to claim a rebate of up to rs 25,000. This has been increased to rs.