2024 Brackets Tax. — the individual tax rates will remain 10%, 12%, 22%, 24%, 32%, 35% and 37%, as set by the 2017 tcja. The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh.
— current income tax slabs: There are seven (7) tax rates in 2024.