2024 Standard Deduction Amount In India. Also, standard deduction limit for. The standard deduction is a fixed amount that employed individuals can subtract from their taxable salary income without needing to provide evidence of actual.


2024 Standard Deduction Amount In India

Current limit is rs 50,000, revised in 2019. Under the new tax regime, the personal income tax standard deduction will be increased from rs 50,000 to rs 75,000, and the deduction for family pensions will.

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