Tax Brackets 2024 India. Under the old tax regime, individual taxpayers (below 60 years) earning an annual income of up to inr 2.5 lakh were exempt from paying. Stay updated with the 2024 income tax chart.

Here are the latest income tax slabs that will be effective for the current financial year after budget 2024. Old vs new tax regime, deductions and more with the new tax regime slabs, certain changes have come about for the income.