2024 2024 Taxes. The finance act sections 1 to 99 (page 1 to 54) amends income tax act, section 158 (page. Budget 2024 had a small relief for the salaried middle class as standard deduction.

The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. It is mainly intended for residents of the u.s.