Standard Deduction For 2024 And 2024 In India. On july 23, the finance minister has announced a standard deduction for salaried employees increased from ₹50,000 to ₹75,000; New tax regime may see higher deduction limit;
Nirmala sitharaman’s budget 2024 raises standard deduction to rs 75,000 for salaried individuals and pensioners, and rs 25,000 for family pensioners. The government will discontinue the.