Income Tax Rates For Ay 2024-25 India

Income Tax Rates For Ay 2024-25 India. Be it the old tax regime slabs or the new ones, the income tax slabs of india embody a mechanism through which individual taxpayers in india pay their income tax,. Numbers speak for themselves, asserted union finance minister nirmala sitharaman, while addressing the 165th year of the income tax system in india,.

Learn about the differences between old & new tax regimes. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).