Income Tax Slabs FY 2023-24 rebate under new tax regime: Under the new tax regime, taxpayers with a net taxable income of up to Rs 7,00,000 are eligible for a rebate of up to Rs 25,000. Furthermore, individuals whose net taxable income surpasses Rs 7,00,000 can still avail marginal relief, provided that the additional income tax liability exceeds the incremental income above Rs 7,00,000. (AI image)
What Are The Income Tax Slabs For FY 2023-24 In New & Old Regime? Check Tax Rates Here
Date:
 is July 31, 2024. In the past few years, the government has not extended this deadline, and is unlikely to do so this year as well. So, it is important to file your income tax return within the specified time, to avoid paying penalties. (AI image)){kind=link}
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