Income Tax Regimes Compared: 5.5 Crore Taxpayers Likely To Have Chosen New Tax Regime For FY24

[BabU]

Income Tax Regimes Compared: 5.5 Crore Taxpayers Likely To Have Chosen New Tax Regime For FY24 New Tax Regime Vs Old Tax Regime: Though the old tax regime has been kept unchanged for FY24, the rebate under the new income tax regime was hiked to an income of Rs 7 lakh, compared with Rs 5 lakh earlier