New Tax Brackets For 2024 Vs 2024 Elections. As 2024 winds down, it’s worth taking a moment to reflect on the income tax. Given below are the new income tax slabs under the new tax regime for fy.

Given below are the new income tax slabs under the new tax regime for fy. Individuals, including senior and super senior citizens, are taxed according to a progressive slab system, with rates ranging from 5% to 30%, depending on their income levels.