New Income Tax Brackets For 2024 In India. Learn about the differences between old & new tax regimes. Freepik) in her budget speech in july 2024,.

Up to rs 3 lakh the tax is nil from rs 3 lakh to rs 7 lakh the tax rate is 5% from rs 7 lakh to rs 10 lakh the tax rate is. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.