Tax Information Center
Understand Indian income tax structure, deductions, and make informed financial decisions.
Income Tax Slabs 2024-25
| Income Range | Tax Rate | Maximum Tax | Description |
|---|---|---|---|
| Up to ₹2,50,000 | 0% | ₹0 | No tax for income up to 2.5 lakhs |
| ₹2,50,001 - ₹5,00,000 | 5% | Up to ₹12,500 | 5% tax on income above 2.5 lakhs |
| ₹5,00,001 - ₹10,00,000 | 20% | Up to ₹1,12,500 | 20% tax on income above 5 lakhs |
| Above ₹10,00,000 | 30% | Variable | 30% tax on income above 10 lakhs |
Note: Additional 4% Health and Education Cess is applicable on the calculated tax amount. These rates are for the financial year 2024-25 under the old tax regime.