https://www.taxtmi.com/acts?id=43580 Substitution of sub-section (1A) of section 115BAC prescribes revised tax computation under the optional new tax regime for individuals, HUFs, associations or bodies of persons and specified artificial juridical persons, excluding those who opted under sub-section (6). Two six-slab rate schedules are provided: one applicable to the previous year relevant to the assessment year beginning April 1, 2024, and a modified schedule applicable to previous years relevant to assessment years beginning on or after April 1, 2025, altering intermediate slab thresholds while retaining the top rate. en-us Tue, 23 Jul 2024 15:43:32 +0530 Tue, 23 Jul 2024 15:43:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43580 Substitution of sub-section (1A) of section 115BAC prescribes revised tax computation under the optional new tax regime for individuals, HUFs, associations or bodies of persons and specified artificial juridical persons, excluding those who opted under sub-section (6). Two six-slab rate schedules are provided: one applicable to the previous year relevant to the assessment year beginning April 1, 2024, and a modified schedule applicable to previous years relevant to assessment years beginning on or after April 1, 2025, altering intermediate slab thresholds while retaining the top rate. Act-Rules Bills Tue, 23 Jul 2024 15:43:32 +0530 https://www.taxtmi.com/acts?id=43580