2024 Tax Rates And Brackets. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: Most taxpayers pay a maximum 15% rate, but a 20% tax rate applies to the.
Rs 5,00,001 to rs 10,00,000. For the 2023 and 2024 tax brackets, the irs is keeping tax rates the same.