Income tax slabs FY 2023-24: Here are the income tax slabs for the current FY 2023-24 under new and old tax regimes. Currently, there are two income tax regimes from which a salaried individual has to choose one every year. The old income tax regime continues with existing tax exemptions and deductions. The new income tax regime offers lower income tax rates with no option of availing certain tax exemptions and deductions.
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