India Tax Slab 2024-24. The highest slab rate of 30% applies on income exceeding rs. Income tax department > tax tools > tax calculator.
In india, income tax is levied based on a slab system. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz.
Here's Our Latest Guide On The New Income Tax Slab For Both Old And New Tax Regimes For Individuals Below 60 Years And Senior Citizens.
The highest slab rate of 30% applies on income exceeding rs.
The General Slab Rates Applicable In The Case Of An Individual Or Huf Are 5%, 20%, And 30%.
These slab rates vary for different groups of taxpayers.
India Tax Slab 2024-24 Images References :
Income Tax Department ≫ Tax Tools ≫ Tax Calculator.
What is income tax slab?
This Structure Clearly Shows How Taxes Are Calculated At Each Income Slab, Ensuring A Progressive Tax Rate That Increases With Higher Income Brackets.
Also, no changes have been announced in the deductions and.