Union Budget 2024- Revised Personal Income Tax Rates Announced by FM Nirmala Sitharaman

Union Budget 2024: Finance Minister Nirmala Sitharaman announces revised personal income tax rates under the new tax regime:

  • Rs 0-Rs 3 lakh: Nil
  • Rs 3-7 lakh: 5%
  • Rs 7-10 lakh: 10%
  • Rs 10-12 lakh: 15%
  • Rs 12-15 lakh: 20%
  • Above Rs 15 lakh: 30%

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