The income tax slabs under the new income tax regime will be as follows:
Income tax slabs under new tax regime | Income tax rates under new tax regime |
O to Rs 3 lakh | 0 |
Rs 3 lakh to Rs 6 lakh | 5% |
Rs 6 lakh to Rs 9 lakh | 10% |
Rs 9 lakh to Rs 12 lakh | 15% |
Rs 12 lakh to Rs 15 lakh | 20% |
Income above Rs 15 lakh | 30% |