New 2024 Tax Forms Pdf. The new tax regime is the default tax regime now. It is anticipated that the government may raise the income tax exemption limit to inr 5 lakh from the current inr 3 lakh limit under the new tax regime in the upcoming budget.

It is anticipated that the government may raise the income tax exemption limit to inr 5 lakh from the current inr 3 lakh limit under the new tax regime in the upcoming budget. The new tax regime is the default tax regime now.