2024 Tax Forms For Employees In India

2024 Tax Forms For Employees In India.  — section 115bac of the income tax act, introduced in the union budget 2020, offers a new tax regime with lower tax rates and reduced deductions. Also check tax slabs, tax regimes, and how to calculate tax with examples.

As of june 1, 2016, it has become mandatory for salaried employees to submit. Attractive tax rates compared to the old tax regime.