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How much tax will have to be paid on how much annual salary?

Last Updated on 23/07/2024 by Ankita Jain

According to the new tax slab under the new tax regime, if someone’s income is more than 7 lakhs and 10 lakhs, then he will have to pay 10% tax. On the other hand, 15% tax will have to be paid on more than 10 lakhs and 12 lakhs.