Income Tax Brackets 2024-250. A resident individual (whose net income does not exceed rs. The central board of direct taxes (cbdt) has introduced many.
It covers all types of assessees and income heads under the income tax act. The first step is to select the assessment year you want to calculate your tax liability.
12.5 Lakh Annual Income, Once He Or She.
In addition to this, the new tax regime does not differentiate in income tax slab rates on the basis of the age of the individuals.
There Are Two Other Deductions Which Are Added Under The New Tax Regime.
Over the last ten years, the direct tax collections have more than trebled and the return filers swelled to 2.4 times.
Income Tax Brackets 2024-250 Images References :
Over The Last Ten Years, The Direct Tax Collections Have More Than Trebled And The Return Filers Swelled To 2.4 Times.
Rs 5,00,001 to rs 10,00,000.
The First Step Is To Select The Assessment Year You Want To Calculate Your Tax Liability.
Choose the financial year for which you want your taxes to be calculated.