Income Tax Slab 2024. An income tax calculator is an online tool that helps individuals calculate the amount of income tax they will owe to the government based on their taxable income. ๐ whatโs new in budget 2024?.
The applicable income tax slabs and rates may change each financial year based on government announcements. Under section 115bac, individuals, hufs, aops, bois, and artificial juridical persons are taxed at progressive rates starting from nil for incomes up to rs.