New Tax Brackets 2024 India Pdf. Income between rs 5 lakh and rs 10 lakh is taxed at 20%, with a rs 12,500 base amount. The official title of the act is the “finance act, 2024”.

Professional tax is a direct tax levied by state governments in india on individuals engaged in various trades, professions, and employment.the tax is. Tax rates (old & new regime):