New Tax Brackets 2024 Married Jointly In India. Here's our latest guide on the new income tax slab for both old and new tax regimes for individuals below 60 years and senior citizens. Use the tax brackets and rates applicable to your filing status to calculate your federal tax liability:

The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly. Let’s better understand the income tax slabs under union budget 2023.