Income Tax Rates For Fy 2024-25. Income tax slabs are the categories of income levels that determine the rate at which income tax is charged for the applicable financial year (fy) and assessment year (ay). Each slab has a specific tax rate applied to the income that falls within its range.


Income Tax Rates For Fy 2024-25

Check out the latest income tax slabs and rates as per the new tax regime and old tax regime. Key changes include a raised standard deduction of โ‚น75,000 for salaried individuals, an increased family pension deduction, and a higher deduction for employer contributions to the national pension system (nps).

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