What Is Standard Tax Deduction For 2024 In India

What Is Standard Tax Deduction For 2024 In India. The standard deduction was hiked from rs 50,000 to rs 75,000. These tweaks will help salaried employees in the new tax regime save up to rs.17,500 (plus cess and surcharges, as applicable) in income tax, finance minister nirmala sitharaman said in her budget.


What Is Standard Tax Deduction For 2024 In India

These tweaks will help salaried employees in the new tax regime save up to rs.17,500 (plus cess and surcharges, as applicable) in income tax, finance minister nirmala sitharaman said in her budget. Experts suggest raising standard deduction limit to rs 50,000.

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