Tax Brackets 2024 Vs 2024 India. Under the income tax act, 1961, the. New regime 2023 vs new regime 2024 at rs 20 lakh salary.
Check here for the latest income tax slabs & details of different income tax regimes for tax slabs in india. Income exceeding a certain threshold in a fiscal year is liable to taxation, with the tax liability determined by the applicable income tax brackets.