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Tax Brackets 2024 India Married Jointly. Explore updated credits, deductions, and exemptions, including the standard deduction & personal exemption, alternative minimum tax (amt), earned income tax credit. The alternative minimum tax exemption amount for tax year 2024 is $85,700 and begins to phase out at $609,350 ($133,300 for married couples filing jointly for whom the.
And is based on the tax brackets of 2023 and. Tax year 2025/26, the tax rates under the atpr, devoid of any deductions or exemptions, have been revised as follows:
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