Will Tax Brackets Change In 2024 Schrikkeljaar. While the rate for taxpayers in the old income tax regime remains unchanged, tax slabs have been revised under the new regime. Standard deduction in the new tax regime will be increased from ₹ 50,000 to ₹ 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union.
Budget 2024 income tax expectations: So, the new rates will impact the taxpayers falling in these tax brackets:
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