Sada Wilona

What Are The Income Tax Brackets For 2024. The amt exemption rate is also subject to inflation. 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:

Here are the latest income tax slabs that will be effective for the current financial year after budget 2024. Here is a look at the deductions offered under the new tax regime as of 2024.