Taxable Income Brackets 2024

Taxable Income Brackets 2024. Under the income tax act, 1961, the percentage of income payable as tax is based on the amount of income you’ve earned during a year. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.

These are the same tax. Under the income tax act, 1961, the percentage of income payable as tax is based on the amount of income you’ve earned during a year.