What'S New For 2024 Tax Year 2019. The 15% tax rate is for filers with taxable incomes between the. Significant measures, including a reduction in corporate tax rates, introduction of concessional tax regimes and elimination of the minimum alternate tax regime, have been taken to attract.
Highlights include revised tax slabs, increased deductions, and simplified taxation. ₹50,000 for salaried individuals and pensioners.