New 2024 Tax Brackets Vs 2024 India. โ in the union budget 2024, finance minister ms. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions.
The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh. โ the finance minister of india outlines these slab rates.
