2024 Income Tax Brackets And Deductions Table

2024 Income Tax Brackets And Deductions Table. For example, if a salaried employee receives an annual income of rs 11 lakh and qualifies for deductions exceeding rs 3.93 lakh, they may benefit from the old tax. Discover the tax rates for both the new tax regime and the.

Your taxable income is your income after various deductions, credits, and exemptions have been. Your bracket depends on your taxable income and filing status.