2024 Standard Deduction Amount In India . The standard deduction was hiked from rs 50,000 to rs 75,000. The finance minister in the 2023 budget included a standard deduction of rs 50,000 for salaried taxpayers and.
The standard deduction of rs 50,000 is a flat deduction available under both the old and new tax regimes, to individuals earning salary and. The finance minister in the 2023 budget included a standard deduction of rs 50,000 for salaried taxpayers and.
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