Let's against the prevailing 20%.

So anyone who's earning between 5 to 7.5 max today 20% we are now reducing it in the new regime, which is devoid of exemptions 10% only 20% comes down to 10% of the next example for income between 7.5 lacks toe.

10 max earlier said about 5 to 7.5.

Now I'm saying about 7.5 pen back.

So for income between 7.5 to 10 max, he or she will pay at the reduced rate of 15% only against the current, prevailing 20% certain Melanie for the income between 10 blacks to 12.5 Next.

Presently, the taxes people for income between 10 black toe 20.5 black.

The present prevailing rate is 30%.

That is now being brought down to 20% of the income between.

I spoke about 10 to 12.5 left, now 12.5 to 15.

Next be at the moment 1.5 to 15 Lexus tax.

That person, now door turning between 12.5 to 15 lacks, will be charged at 25%.

Only income about being black will be continued at percent, but no exemptions.

I thought door learning upto five lacks shall not pay any tax either in the world routine or the new routine.

So the proposed a tax structure will provide significant relief to taxpayers and more so the doors in the middle class.

I just want to very clearly.

Redl 25022.5 Last exempt now will be exempted.

The new scheme, also 2.5 next five next 5% now will be 5% in the new factory.

5 to 7.5 20% now will become 10% in the new rate, 7.5 to 10 max 20% now will be 15% in the new 10 to 12.5 30%.

Now will now come to 20% 12.5 to 15.

30% 25% in the new read, about 15 continues at 30%.

In the new tax, redeemed benefit will accrue to a taxpayer depending upon the exemptions and deductions claimed by him.