What Is The Tax Bracket For 2024 Single . 25% of income tax if total income is greater than rs.2 crore but less than rs.5 crore. From 2018, the new bracket rates are 10%, 12%, 22%, 24%, 32%,.
The agency has boosted the income thresholds for each. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing.
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