Filing ITR 2024-25: The highest tax rate of 30 percent kicks in when annual income is more than ₹15 lakh in the new tax regime. Additionally, tax payers are entitled to claim a higher standard deduction as well.

​Filing ITR 2024-25: The highest tax rate of 30 percent kicks in when annual income is more than ₹15 lakh in the new tax regime. Additionally, tax payers are entitled to claim a higher standard deduction as well.