2024 Income Tax Brackets And Ratesetter. For tax year 2024, the foreign earned income exclusion is $126,500, increased from $120,000 for tax year 2023. Rs 5,00,001 to rs 10,00,000.

The above income tax slabs table is applicable for individuals below 60 years of age. For 2024, the federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.