Budget 2023 | Major announcements for Income Taxpayers | Union Budget 2023 | Income Tax Slabs |
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Finance Minister Nirmala Sitharaman announced the new income tax slabs under the new income tax regime in her Budget speech on Wednesday. The tax rebate has been raised from Rs 5 to 7 lakh under the new regime. Moreover, the new tax regime will be the default unless the taxpayer chooses to adopt the old regime. Watch the video to know.
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