Nissa Eulalie

Income Tax Brackets 2024 India. Income tax rates are lower in the inr 5 lakh to inr 10 lakh income brackets under the old regime. For age up to 60 years, you are.

Income tax exemption limit is up to rs 5 lakh for super senior citizen aged above 80 years. Both regimes tax income above inr 10 lakh at the same rates.