Highest Tax Bracket 2024 India. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions. For taxpayers in the highest (30%) tax bracket, with a taxable income of rs 15 lakh or higher, the increased standard deduction limit will result in a saving of rs.
Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. Suppose, youโre a salaried individual and your monthly income is rs.30,000.
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