Finance Minister Nirmala Sitharaman on Wednesday announced new income tax slab rates while presenting the Union Budget 2023. Sitharaman extended the income tax exemption limit to Rs 3 lakh under the new income tax regime. The Finance Minister also went to hike in rebate under section 87A of new income regime to Rs 7 lakh in the Union Budget 2023. Soon after Sitharaman's announcement, netizens took to social media to share funny memes and hilarious jokes on the new income tax slabs. Here are some of the best one's. New Income Tax Slabs 2023-24: Income Tax Exemption Limit, Rebate Under Section 87A Raised in New Tax Regime; Check Full Details Here.

No Income Tax Upto Rs 7 Lakhs Under New Tax Regime

Middle Class Right Now

No #incometax Till 7 Lakhs



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