Standard Deduction For 2024 Indian Tax. With the tax season over, a recent report has highlighted india’s wealthiest celebrities for 2024, not only in terms. The provision allows eligible individuals.
Finance minister has announced a hike in the standard deduction amount in new tax regime hiked to rs 75000 in budget 2024. The budget introduces personal income tax relief for four crore salaried and pensioners under the new tax regime, with the standard deduction increased to ₹75,000.