Income Tax Slabs and Rates

Income Tax Slabs and Rates income tax slot
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income from winning of lottery is taxable under Income Tax Slab Rate PY 2023-24 AY 2024-25 for Individual & HUF 00:00

income tax on lottery winnings Tax Slabs for AY 2024-25 ; Total Income · Rate of Surcharge Applicable ; Up to Rs 50 Lakh, Nil, Nil ; Above Rs 50 Lakh and up to Rs 1 Crore, 10%, 10% ; Above Rs  What is the Old Income Tax Regime? The old tax regime provides three slab rates for income tax levy, which are 5%, 20%, and 30% for different income brackets