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  Income Tax Slabs, Tax Rates 2024-2025 Explained: Your Full Guide To Latest Income Tax Slabs FY25 After Interim Budget 2024. Income Tax Slabs 2024-2025: Budget 2024, which was an Interim Budget, did not see any changes in the income tax slabs or income tax rates by Finance Minister Nirmala Sitharaman. If you as the common man, individual or salaried taxpayer are wondering what the income tax slabs and income tax rates are for financial year 2024-25 (Assessment year 2025-26). Income Tax Slabs 2024-2025 For Old/Regular Tax Regime Income Tax Slabs 2024-2025 For New Income Tax Regime The income-tax rates applicable under the new income tax regime or the Concessional Tax Regime for the financial year 2024-25 are: Income range (in INR) Rates Up to 300,000 Nil 300,001 to 600,000 5% 600,001 to 900,000 10% 900,001 to 1200,000 15% 1,200,001 to 1,500,000 20% Above 1,500,000 30% Under the new income tax regime, the eligibility limit for rebate will remain Rs 7,00,000 i.e., the tax rebate of u...