Tax slab new regime: Understand India's income tax slabs for FY

Understand India's income tax slabs for FY 2024-25 (AY 2025-26). Compare Old and New Tax Regimes, including tax rates, deductions, rebates, and other key differences for individuals. The Budget 2024 introduced significant changes to the tax slabs under the New Tax Regime, which will be applicable for FY 2024-25 (AY 2025-26). Taxpayers can now benefit from revised tax slabs, along with an increased standard deduction and an enhanced family pension deduction. Here are the top five tax changes one needs to bear in mind while filing ITR this year: How tax slabs and rates under the new, simplified regime stack up Budget 2024 liberalised I-T slabs under ... The new tax regime slab rates in FY 2024-25 (AY 2025-26) have been revised, offering tax payers some additional tax relief compared to the rates applicable in the new tax regime in FY 2023-24 (AY 2024-25).