Tax Brackets 2024 India Old Regime. This implies that individuals do not have to pay tax on income up to rs. 5 crores for which the surcharge rate is 37% under the old regime as compared to 25% under the new regime.

Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. For an individual with a salary of ₹10,00,000 and ₹1,50,000 investment in ppf: