2024 25 Tax Rates

2024 25 Tax Rates. Individuals (resident & non resident), huf, firms/llp,. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).

For a household making $60,000 to $100,000 a year, these tax cuts mean keeping about $1,000 that would otherwise be due if these cuts expired, says joseph rosenberg, a. Individuals (resident & non resident), huf, firms/llp,.