What Is Standard Deduction For 2024 India , What Is Standard Deduction For 2024 India. The standard deduction is a fixed amount that employed individuals can subtract from their taxable salary income without needing to provide evidence of actual. The standard deduction is a flat deduction available to individuals earning a salary. The new standard deduction of rs 75,000 will be applicable under the new tax regime, while family pensioners will benefit from a higher deduction of rs 25,000. From hiking the standard deduction limit to tweaking the income tax slabs, the taxpayers want budget 2024 to introduce measures that will ease their financial burden. What Is Standard Deduction For 2024 India Images References : 2024
What Is Standard Deduction For 2024 India. The standard deduction is a fixed amount that employed individuals can subtract from their taxable salary income without needing to provide evidence of actual. The standard deduction is a flat deduction available to individuals earning a salary. The new standard deduction of rs 75,000 will be applicable under the new tax regime, while family pensioners will benefit from a higher deduction of rs 25,000. From hiking the standard deduction limit to tweaking the income tax slabs, the taxpayers want budget 2024 to introduce measures that will ease their financial burden.