New Standard Deduction For 2024 In India

New Standard Deduction For 2024 In India. In a move aimed at boosting tax savings, the finance minister announced that the standard deduction limit under the new tax regime will be raised to rs 75,000 for the current financial year, as per et report. Experts argue that increasing the standard deduction limit from rs 50,000 to rs 1 lakh would effectively alleviate the tax burden on salaried taxpayers.


New Standard Deduction For 2024 In India

The new limit is rs.75,000. Prime minister narendra modi will visit jalgaon in maharashtra on sunday to.

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