Income Tax Standard Deduction 2024 In India . The new tax regime now allows salaried employees to claim a standard deduction of rs 75,000 whereas the old tax regime only. For those opting for new tax regime, fm has announced to.
Additionally, the standard deduction has been raised to rs. Budget 2024 income tax changes:
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Top 10 Tax Expectations From Budget 2024 From New Tax , The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed.