Standard Deduction 2024

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Standard Deduction 2024. Also read | income tax budget 2024 live: The standard tax deduction is a set amount that taxpayers are automatically allowed to deduct from their taxable income, thus lowering their total tax owed.


Standard Deduction 2024

To make the new tax regime more attractive, budget 2024 raised the basic exemption limit to rs 75,000 from rs 50,000 in. How much is the standard deduction for 2024?

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