Tax Rates 2024 2024 Year. In the current financial year 2024, following the changes implemented in budget 2023, the maximum surcharge rate in the new tax. Recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction benefit to.
This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.