Old Tax Slab 2024-24. In the old system, there was a 5% tax exemption on incomes between inr 2.5 lakh and inr 3 lakh. However, the eligible taxpayers have the option to opt out of new tax regime and choose to be taxed under old tax regime.
Under the old tax regime slab rates are differentiated based on the age group of the. Whether you’re under the old or new regime, income tax calculator can help you calculate your tax liability for both with just a few clicks.
