2024 Tax Rates And Brackets For Seniors And Dependents

2024 Tax Rates And Brackets For Seniors And Dependents. Taxpayers can now choose to pay income tax at lower rates under the new tax regime slabs on the condition that they withdraw from being considered for specific. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

Old tax regime new tax regime u/s 115bac Understand the exemption limits, tax slabs, surcharges, and eligibility for.