Income Tax Brackets 2024-25 In India

Income Tax Brackets 2024-25 In India. Individuals falling under the taxable. Learn about the differences between old & new tax regimes.

An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions. The study finds that while the bottom 50% have an average income of rs 71,163 per year (which works out to less than rs.