Individual Tax Rates 2024. By status (individual/ huf etc.) tax services pan tan tax deducted at source (tds) status of tax refund file return online procedure of intimating aadhaar number to income tax. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

Individuals, including senior and super senior citizens, are taxed according to a progressive slab system, with rates ranging from 5% to 30%, depending on their income. Understand the exemption limits, tax slabs, surcharges, and eligibility for.