Income Tax Rates 2024-25. Education cess is applicable @ 4% on income tax 2. If rachel reeves does raise capital gains tax, one suggestion is that cgt could be aligned with income tax.

The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all. Check here for the latest income tax slabs & details of different income tax regimes for tax slabs in india.