Income Tax Rate For Ay 2024-25 For Individual. To say it in words, following will be the tax liability for income of rs 7 lakh, rs 7.5 lakh, rs 9 lakh, rs 10 lakh, rs 12 lakh, rs 12.5 lakh, rs 15. Tax liability in india differs based on the age groups.
Following are the steps to use the tax calculator: Let us look into the new income tax slab rates for fy 2024.
These Are The Slab Rates Available To.
Income exceeding โน15,00,000*30% + โน1,50,000.
The Tax Slabs And Rates Are The Same For All Individuals And Hufs Under The New Regime.
โน 1,50,000 + 30% above โน 15,00,000.
Income Tax Rate For Ay 2024-25 For Individual Images References :
Let Us Look Into The New Income Tax Slab Rates For Fy 2024.
In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).