Income Tax Rates For Ay 2024-25 Huf

Income Tax Rates For Ay 2024-25 Huf. For this year, the financial year will be. An individual has to choose between new and old tax regime to calculate their income.

Under section 115bac, individuals, hufs, aops, bois, and artificial juridical persons are taxed at progressive rates starting from nil for incomes up to rs. The general slab rates applicable in the case of an individual or huf are 5%, 20%, and 30%.