2024 Tax Rates And Deductions Chart. The tax year 2024 maximum earned income tax credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children, an increase of from $7,430 for tax. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz.

In today’s budget 2024, the finance minister nirmala sitharaman has made changes in the income tax slabs and rates for the current financial year in the. The budget 2024 has been passed by.