Standard Tax Deduction 2024 In India . 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. Old vs new tax regime, deductions and more.
Taxpayers under the new tax regime stand to gain from increased standard deduction limit to โน 75,000. Income tax slabs 2024 highlights:
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