Union Budget 2024-25: Revised Tax slabs under new Tax Regime

The Union Government has revised the tax slabs under the new tax regime in its 2024-25 budget.

As per revised Tax slabs below benefits have been provided

– Income tax saving up to 17500 provided for salaried employees in the new tax regime.

– Standard deduction for salaried employees increased from ₹50000 to ₹75000

– Deduction on family pension for pensioners to be increased from ₹15000 to ₹25000

Below are the revised tax slabs as per union budget 2024-25

Income	New tax regime slab
Up to Rs 3 lakh	Nil
From Rs 3 lakh to Rs 6 lakh	5%
From Rs 6 lakhs to Rs 9 lakh	10%
From Rs 9 lakh to Rs 12 lakh	15%
From Rs 12 lakhs to Rs 15 lakh	20%
Above Rs 15 lakh	30%
Source: Budget 2023-24