2024 Tax Brackets And Income Tax Rates. Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you’ll owe on different portions of your income.

Your bracket depends on your taxable income and filing status. Here are the latest income tax slabs that will be effective for the current financial year after budget 2024.