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How to optimise tax savings under the new tax regime in FY24?

In the Budget 2023, Finance Minister Nirmala Sitharaman made revisions to the income tax slab rates under the new tax regime.

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New tax regime, other rules to roll out from April 1. Here's what taxpayers need to know

From April 1st, the new tax regime which was announced in Budget 2023 will come into effect. Finance Minister Nirmala Sitharaman in her budget speech announced new income tax slabs and decided to make it a default tax regime. However, the old income tax slabs regime has not been abolished as well.

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