Tax Rates 2024 2024 . The ocala city council held a special meeting the afternoon of sept. Many provisions of the 2017 “tax cuts and jobs act” (aka the “trump tax cuts”) are set to expire in 2026, generating a tax increase for many individual taxpayers.
Finance ministernirmala sitharaman revised the tax rates under the new tax regime. The new tax regime offers the same tax rates for all individual categories, including regular individuals, senior citizens, and super senior.
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