Income Tax Standard Deduction For Ay 2024-24. Deduction is limited to whole of the amount paid or deposited subject to a maximum of. What can taxpayers expect in the new income tax regime in budget 2024?


Income Tax Standard Deduction For Ay 2024-24

Here are the standard deduction amounts for. The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000.

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