Income Tax Rates For Ay 2024-25. The general slab rates applicable in the case of an individual or huf are 5%, 20%, and 30%. In the current financial year 2024, following the changes implemented in budget 2023, the maximum surcharge rate in the new tax regime for incomes over rs 5 crore has been reduced to 25% from the previous 37%, with this adjustment taking effect from april 1, 2023.
(as amended upto finance act, 2023) tax calculator. Surcharge rates also apply, ranging from 10% to 25% based on income slabs.
Income Tax Rates For Ay 2024-25 Images References :
