New Regime Tax Slab 2024-24. Under the new tax regime, salaried. This structure clearly shows how taxes are calculated at each income.

In the new income tax regime, the rebate eligibility threshold is set at rs 7,00,000, allowing taxpayers to claim a rebate of up to rs 25,000. The general slab rates applicable in the case of an individual or huf are 5%, 20%, and 30%.