New Regime Tax Slab 2024-24. It allows you to lower your tax liability subject to certain conditions and is optional. D) reduce the highest surcharge rate from 37% to 25% in ‘new tax regime’.

The slab rates in the new tax regime have been changed. Recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction benefit to salaried individuals and pensioners in the new tax regime.