Union Finance Minister Nirmala Sitharaman has introduced the overall funds for the monetary yr 2023-24. With many huge bulletins, an enormous reduction has been given by altering the brand new tax price. In such a scenario, now the brand new tax price of private revenue tax is zero from 0 to three lakh rupees, 5% from 3 to six lakh rupees, 10% from 6 to 9 lakh rupees, 15% from 9 to 12 lakh rupees, 20% from 12 to fifteen lakh rupees. And above 15 lakhs will likely be 30%.
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