Updated Tax Brackets 2024 Pdf

Updated Tax Brackets 2024 Pdf. The federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37% in 2024. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.

One of the primary benefits of the indian new tax regime 2024 is the introduction of lower tax rates across various income slabs. Your tax bracket and rate are based on your taxable income and filing status.