Standard Deduction For 2024 India. Also the tax slab limit for 5% tax rate was changed from rs 6 lakh to rs 7 lakh. 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 speech.


Standard Deduction For 2024 India

Increased tax slabs, increase in standard deduction, and increased deductions from pensions will bring relief expected to over 4 cr salaried individuals. Deductions and exemptions under the new tax regime slabs.

Standard Deduction For 2024 India Images References :

Standard Deduction For 2024 India