Standard Deduction For 2024 India

Standard Deduction For 2024 India. At present salaried taxpayers can avail a standard deduction of rs 50,000 on. The standard deduction for salaried individuals reduces your taxable income by a fixed amount, thereby lowering the total income on which you are taxed.

At present salaried taxpayers can avail a standard deduction of rs 50,000 on. In a move aimed at boosting tax savings, the finance minister announced that the standard deduction limit.