2024 Taxable Income Brackets And Rates In India. Check out the latest income tax slabs and rates as per the new tax regime and old tax regime. Taxation of individuals in india is primarily based on their residential status in the.

An individual has to choose between new and. Taxpayers can now choose to pay income tax at lower rates under the new tax regime slabs on the condition that they withdraw from being considered for specific exemptions and deductions.