2024 Tax Tables And Standard Deductions Allowed. Nirmala sitharaman on tuesday announced that the standard. The highest earners fall into the 37% range,.

50,000 was available under the old tax regime but now the same has been made available under the new tax regime. For example, a married couple whose total income minus deductions is $250,000 would have had a 33% tax rate in 2017, but only 24% in 2024.