•
5 Mins read
•GeneralDecoding Income Tax Slabs for FY 2023-24: Your Guide

Summary
India's current tax framework for FY2023-24 is explained, detailing new income tax slabs and options between the old and new tax regimes. The guide outlines slab rates based on income brackets and highlights special provisions for seniors, companies, and partnership entities. It also clarifies differences in taxable income sources and regime benefits for taxpayers.