What Is The Standard Deduction For 2024 In India

What Is The Standard Deduction For 2024 In India. In the 2023 budget, finance minister nirmala sitharaman introduced a standard deduction of ₹ 50,000 for salaried taxpayers and for pensioners, under the new tax regime, which. Experts argue that increasing the standard deduction limit from rs 50,000 to rs 1 lakh would effectively alleviate the tax burden on salaried.

Now, both central and state government employees can deduct up to 14% of employer. आइए जानते हैं कि अब कितनी रुपये की सालाना आय पर कितना.