Tax Slab 2024-24 . Your bracket depends on your taxable income and filing status. Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted.
India’s income tax system is progressive, meaning tax rates increase with higher income. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
Tax Slab 2024-24 Images References :
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Tax Slabs FY 202324 and AY 202425 (New & Old Regime Tax Rates) , Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted.
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