Individual Tax Rates 2024 Table

Individual Tax Rates 2024 Table. There are seven tax brackets for most ordinary income for the 2023 tax year: The new tax regime offers the same tax rates for all individual categories, including regular individuals, senior citizens, and super senior citizens.

Tax deduction at source (tds) is one of the important compliances of income tax. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).