Income Tax Slabs

Budget 2024: BankBazaar Suggests Rs 18 Lakh As Ideal Threshold for 30% Income Tax

BankBazaar has suggested a new income tax slab that could lead to a notable shift. According to their proposal, the 30% slab in the existing old regime would rise to ₹18 lakh if adjusted for inflation over this period. This marks a significant jump from the current tax structure, where...