2024 Tax Bracket Changes Breda. The changes have been made at the lower level of the income tax slabs, and this will largely. Here's our latest guide on the new income tax slab for both old and new tax regimes for individuals below 60 years and senior citizens.
First, standard deduction for salaried employees was proposed to be increased from rs 50,000 to rs 75,000, while deduction on family pension for pensioners was increased from rs 15,000 to rs 25,000. Income tax slabs 2024 highlights: