Standard Tax Deduction 2024 India. Standard deduction, needs to be periodically adjusted to account for inflation,. Also, standard deduction limit for family pensioners have been hiked to rs 25,000 from rs.


Standard Tax Deduction 2024 India

But is there a compelling case for raising this limit? For salaried employees opting for new tax regimes, the standard deduction has been increased from โ‚น50,000 to โ‚น75,000.

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