Tax Brackets 2024 Explained In Detail. Finance minister nirmala sitharaman revises tax slabs, allowing salaried employees to save up to ₹17,500 in income taxes. Indian taxpayers are bracketed into different income categories for easier and fairer taxation.
The following table illustrates the. Finance minister nirmala sitharaman announced changes to the new income tax regime during the union budget 2024 presentation, providing some relief to taxpayers.