Question

Under the new direct tax regime, the tax rate for income between ₹16 lakh and ₹20 lakh per annum is:

Q: Answer-Under the new direct tax regime, the tax rate for income between ₹16 lakh and ₹20 lakh per annum is:

Detailed Explanation In the revised tax slab structure 04 lakh NIL 48 lakh 5 812 lakh 10 1216 lakh 15 1620 lakh 20 2024 lakh 25 Above 24 lakh 30 These rationalized slabs simplify compliance while broadening relief.

A 10%

B 15%

C 20%

D 25%

E 30%

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Under the new direct tax regime, the tax rate for income between ₹16 lakh and ₹20 lakh per annum is:

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