At 12:56:
New tax rates: 0 to Rs 3 lakhs - Nil Rs 3 to 6 lakhs - 5% Rs 6 to 9 Lakhs - 10% Rs 9 to 12 Lakhs - 15% Rs 12 to 15 Lakhs - 20% Above 15 Lakhs - 30%
No income tax will be charged till Rs 7 lakh in the new tax regime.
At 12:56:
New tax rates: 0 to Rs 3 lakhs - Nil Rs 3 to 6 lakhs - 5% Rs 6 to 9 Lakhs - 10% Rs 9 to 12 Lakhs - 15% Rs 12 to 15 Lakhs - 20% Above 15 Lakhs - 30%
No income tax will be charged till Rs 7 lakh in the new tax regime.
