Income Tax Slabs
FY 2023-24 AY 2024-25
Old Regime
Slabs | Tax Rates |
Up to ₹ 2,50,000 | Nil |
₹ 2,50,001 To ₹ 5,00,000 | 5% |
₹ 5,00,001 To ₹ 10,00,000 | 20% |
Above ₹ 10,00,000 | 30% |
New Regime
Slabs | Tax Rates |
Up to ₹ 3,00,000 | Nil |
₹ 3,00,001 To ₹ 6,00,000 | 5% (Tax Rebate u/s 87A) |
₹ 6,00,001 To ₹ 9,00,000 | 10% (Tax Rebate u/s 87A up to ₹ 7,00,000) |
₹ 9,00,001 To ₹ 12,00,000 | 15% |
₹ 12,00,001 To ₹ 15,00,000 | 20% |
Above ₹ 15,00,000 | 30% |