TAXATION HIGHLIGHTS OF UNION BUDGET 2024-2025
1. CHANGES IN SLAB RATES UNDER NEW TAX REGIME Old Regime Tax rate New regime Tax rate Rs. 0 – 2,50,000 Nil Rs. 0 – 3,00,000 Nil Rs.2,50,000 – 5,00,000 5% Rs. 3,00,000 7,00,000 5% Rs.5,00,000 – 10,00,000 20% Rs. 7,00,000 10,00,000 10% Above 10,00,000 30% Rs. 10,00,000 12,00,000 15% – Rs. 12,00,000 15,00,000 […]