New Income Tax Slabs: How Much You Now Pay
The central government on February 1 made a much-awaited announcement on increasing the income level up to which no income tax is payable: ₹ 7 lakh a year from the 2023-24 financial year. A five-slab structure will apply now under a new tax regime. What are the new tax slabs and how much income tax does one pay now? Arun Singh explains.
