Income Tax Rates For Ay 2024-25 Huf. Explore the default ‘new regime,’ deductions foregone, and. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year.

Check out the latest income tax slab for salaried, individuals and senior. Under section 115bac, individuals, hufs, aops, bois, and artificial juridical persons are taxed at progressive rates starting from nil for incomes up to rs.