Gert Pepita

Income Eligibility Guidelines 2024 In India. A resident individual (whose net income does not exceed rs. 2) bill, 2024 and the subsequent proposed amendments received the assent of the president on 16 august 2024.

Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).