Standard Tax Deduction 2024 India 2024

Standard Tax Deduction 2024 India 2024. Standard deduction is a flat deduction salaried individuals can claim against taxable salary income without requiring any proof of actual expense incurred. Make new tax regime the default tax regime for the assessee being an individual,.


Standard Tax Deduction 2024 India 2024

Finance minister nirmala sitharaman said that new tax regime slabs will be changed and standard tax deduction increased from 50,000 to 75,000. The new limit is rs.75,000.

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