2024 Tax Tables And Standard Deductions Chapter

2024 Tax Tables And Standard Deductions Chapter. In today's budget 2024, the finance minister nirmala sitharaman has made changes in the income tax slabs and rates for the current financial year in the new tax regime. Highlights include revised tax slabs, increased deductions, and simplified taxation.

For all 2024 tax brackets and filers, read this post to learn the income limits adjusted for inflation and how this will affect your taxes. Altering the structure for taxation of income under the new regime, finance minister nirmala sitharaman on tuesday revised the tax slabs whilst retaining the erstwhile corresponding tax rates.