Standard Tax Deduction 2024 India. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed. Deductions and exemptions under the new tax regime slabs.


Standard Tax Deduction 2024 India

The standard deduction limit has been increased from rs 50,000 to rs 75,000, and the tax slabs have been revised. The standard deduction was hiked from rs 50,000 to rs 75,000.

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