Income Tax Brackets 2024-25. Be it the old tax regime slabs or the new ones, the income tax slabs of india embody a mechanism through which individual taxpayers in india pay their income tax,. Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year.
Individuals falling under the taxable. This structure clearly shows how taxes are calculated at each income slab, ensuring a progressive tax rate that increases with higher income brackets.