What Are The New Tax Brackets For 2024 In. The income tax slab in india specify the applicable rates for different income brackets and vary based on residential. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).

An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions. Taxable income up to $11,925 12%:.