The income tax slab rates vary based on the individual's or company's income level.

• Income tax slab rates differ for individuals, companies, and organizations.

• The rates are determined based on the inco...read more

The new tax regime is having 0-3 lakhs slab rate and first slab has zero percent tax. Like that 3-6=5%, 6-9=10%, 9-12%=15% and so on until 30%. The rates differ for below 60 and above 60 years.