Income Tax Brackets 2024-2024. Make new tax regime the default tax regime for the. The budget proposed in 2023 by the finance minister, nirmala sitharaman, has removed a major factor varying the income tax rates for individuals, i.e., age.
10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. Explore the changes in the new tax regime and rates after the budget 2024 announcements.