Income Tax Rates For Ay 2024-25

Income Tax Rates For Ay 2024-25. Under section 115bac, individuals, hufs, aops, bois, and artificial juridical persons are taxed at progressive rates starting from nil for incomes up to rs. How much of your income falls within each tax band;

Tax rates, bands and reliefs the following tables show the tax rates, rate bands and tax reliefs for the tax year 2024 and the previous tax years. Surcharge rates also apply, ranging from 10% to 25% based on income slabs.