Are 2024 Tax Brackets Changing Locks

Are 2024 Tax Brackets Changing Locks. Key changes include a raised standard deduction of ₹75,000 for salaried individuals, an increased family pension deduction, and a higher. Income tax slabs 2024 highlights:

Capital gains rates will not change for 2024, but the brackets for the rates will change. The revised tax slabs for 2024 offer lower tax rates across different income brackets, resulting in reduced tax liability and increased disposable income for taxpayers.