Income Tax Brackets 2024-25. The threshold above which the top 45% tax rate applies increases from $180,000 to $190,000. Below, cnbc select breaks down the updated tax brackets for 2024 and.


Income Tax Brackets 2024-25

For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).

Income Tax Brackets 2024-25 Images References :