Union Budget of 2023
New tax rates:
1. 0 to Rs 3 lakhs - Nil
2. Rs 3 to 6 lakhs - 5%
3. Rs 6 to 9 Lakhs - 10%
4. Rs 9 to 12 Lakhs - 15%
5. Rs 12 to 15 Lakhs - 20%
6. Above 15 Lakhs - 30%
No income tax will be charged till Rs 7 lakh in new tax regime.
Allocation for specific Ministers
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