| Slabs | Rates |
| Upto 600,000 | 0% |
| 600,001- 1,200,000 | 2.5% exceeding 600,000 |
| 1,200,000 - 2,400,000 | 15000 + 12.5% exceeding 1,200,000 |
| 2,400,001 – 3,600,000 | 165,000 + 22.5% exceeding 2,400,000 |
| 3,600,001 – 6,000,000 | 435,000 + 27.5% exceeding 3,600,000 |
| Above 6,000,000 | 1,095,000 + 35% exceeding 6,000,000 |
Income Tax Rates for Salaried Person for the Tax Year 2023 – 2024