Tax Bracket For Ay 2024-25
Tax Bracket For Ay 2024-25. Refer examples & tax slabs for easy calculation. Under section 115bac, individuals, hufs, aops, bois, and artificial juridical persons are taxed at progressive rates starting from nil for incomes up to rs.
The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh. In the 2023 union budget, the default tax regime was changed.