Income Tax Notes

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RATES OF INCOME TAX FOR THE ASSESSMENT YEAR 2023-24

A. If the Individual opts to be taxed under old regime

Income Rate of Tax


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Income Rate of Tax


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I.

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SURCHARGE

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REBATE U/S 87A [Imp.]


This is provided in order to provide tax relief to the Resident Individual Tax payers who are in 5% tax slab.

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