2024 Tax Rates For A Single Taxpayer. For tax year 2024, joe is a single taxpayer and has ordinary taxable income in the amount of $53,500. 10 percent, 12 percent, 22 percent, 24 percent, 32.

The changes in the income tax slabs raised the upper limit in two slabs by rs 1 lakh. The main rates of capital gains tax that apply to assets other than residential property and carried interest from 10% and 20% to 18% and 24% respectively, for disposals.