Tax Slab Changes and Savings

New tax slabs in the new regime will allow individuals earning up to INR 12.75 lakh to pay zero tax. Significant tax savings are projected: approximately INR 83,200 for an income of INR 12.75 lakh, INR 32,500 for an income of INR 15 lakh, INR 85,860 for an income of INR 20 lakh, and INR 114,000 for an income of INR 24 lakh.