What Is The Standard Deduction For 2024 Taxes In India

What Is The Standard Deduction For 2024 Taxes In India. This is how just 2% of the population pays taxes for both earning and. If an employee does not opt for the old tax regime initially,.

If an employee does not opt for the old tax regime initially,. The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs 17,500 in taxes under the new regime.