2024 Income Tax Brackets And Tax Rate 2024. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: The government hiked the basic income exemption limit from rs 2.5 lakh to rs 3 lakh under the new tax regime.
Apart from this, the government increased the. Your bracket depends on your taxable income and filing status.
2024 Income Tax Brackets And Tax Rate 2024 Images References :