New Tax Brackets 2024 India. Recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction. To determine which income tax slab you fall into in india as of 2024, you need to assess your annual income and choose between the old and new tax regimes.

The finance minister of india outlines these slab rates. Recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction.