India's Personal Income Tax Rates Budget 2024 

0-3 lakhs : Nill Tax

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3-7 lakhs : 5% Tax

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7-10 lakh rupees - 10% tax

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10-12 lakh rupees - 15% tax

– 12-15 lakh rupees - 20% tax

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Above 15 lakh rupees - 30% tax

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[{"selector":"#anim-6b7e8ad5-ba07-498d-821d-ec60d708745a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] As a result of these changes, a salaried employee in the new tax regime stands to save up to Rs 17,500/- in income tax,” said FM Nirmala Sitharaman.