What Is Standard Tax Deduction For 2024

What Is Standard Tax Deduction For 2024. The threshold limit of the standard deduction for salaried individuals was earlier pegged at rs 50,000. The budget was presented in july.


What Is Standard Tax Deduction For 2024

Here are the standard deduction amounts set by the irs: Finance minister has announced a hike in the standard deduction amount in new tax regime hiked to rs 75000 in budget 2024.

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