2024 Tax Slab India 2024. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions. Make new tax regime the default tax regime for the.

Finance minister nirmala sitharaman revises tax slabs, allowing salaried employees to save up to ₹17,500 in income taxes. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions.