2024 Income Tax Brackets And Deductions Under. Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.
Income tax slabs relaxed from incomes up to rs 10 lakh. The federal income tax has seven tax rates in 2024: