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However, the new tax regime offers limited deductions to taxpayers As your income goes up, the tax rate on the next layer of income is higher
2024 Standard Deductions And Tax Brackets In India Jenny Lorinda Calculate your personal tax rate based on your adjusted gross income for the 2024 tax year See an overview and example on how tax brackets and rates are applied each tax year Tax brackets overview; 2007 - 2018 tax brackets and rates; 2020 tax brackets.
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