2024 Income Tax Brackets Mfj. The highest earners fall into the 37% range,. The new tax income tax slabs in the new tax regime will be effective from april 1,2024 once the budget is passed.
10%, 12%, 22%, 24%, 32%, 35% and 37%. Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you’ll owe on different portions of your income.