2024 Income Tax Brackets And Deductions Chart
2024 Income Tax Brackets And Deductions Chart. Income above rs 15 lakh taxed at 30%. For incomes between rs 5,00,001 to rs 10 lakh, the tax rate is 20 per cent. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. You pay tax as a percentage of …