2024 Income Tax Brackets And Deductions Worksheet. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they change how much you. The budget 2024 announced a rs.25,000 hike in the standard deduction.
The budget was presented in. 66% taxpayers opted for new regime for itr filing during current season, says cbdt chairman