2024 Brackets Updates. Your bracket depends on your taxable income and filing status. Income tax slabs 2024 highlights:
The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs 17,500 in taxes under the new regime. Through a direct comparison of the old and new regimes, including detailed budget 2024 income tax slabs and rates, the article aims to provide taxpayers with the necessary information to make informed financial decisions.