2024 Tax Rates And Deductions In India . The government is also considering. โ currently, the tax rate starts at 5% for income beginning at rs 3 lakh, increasing sharply to 30% for income at rs 15 lakh.
He is followed by ms dhoni. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).
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