Income Tax Standard Deduction 2024

Income Tax Standard Deduction 2024. The finance minister nirmala sitharaman is set to present the union budget 2024 on july 23. The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000, said fm sitharaman

Income tax budget 2024 live: This would leave taxpayers with more disposable income after accounting for deductions.