2024 Standard Tax Deduction Amount In India. The assessee is now in appeal. An announcement to increase the standard deduction amount under the new tax regime and the standard deduction limit for family pensioners was made in the.
In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y. Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the.