2024 Tax Rates And Deductions In India. Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. While the new tax regime scheme was without any exemptions, the government later added standard deductions after hearing the people, sitharaman.

Taxpayers can now choose to pay income tax at lower rates under the new tax regime slabs on the condition that they withdraw from being considered for specific exemptions and deductions. Offered by banks, post offices and other financial institutions with.