New tax rules will come into effect across India from tomorrow
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New tax rules will come into effect across India from tomorrow. New Tax regime will become default option from tomorrow.
Upto 3 lakh – 0
3-6 lakh – 5%
6-9 lakh – 10%
9-12 lakh – 15%
12-15 lakh – 20%
15 lakh & Plus – 30%
Under New Tax Regime, taxpayers no longer need to maintain a track record of travel tickets and rent receipts.