Individual Tax Rates 2024 2024. Section 194p of the income tax act, 1961 provides conditions. It's worth noting that in budget 2023, the highest surcharge rate of 37% was reduced to 25% under the new tax regime, effective from 1st april 2023.


Individual Tax Rates 2024 2024

These changes are now law. Tax rates for individuals (other than senior citizen and super.

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