Standard Tax Deduction 2024 Indian Citizen. Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the. Learn about the applicable tax brackets, exemptions, and deductions to.
The standard deduction under the new tax regime has been increased from rs 50,000 to rs 75,000, providing more relief to taxpayers. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing.
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