Standard Deduction From Salary For Ay 2024-25

Standard Deduction From Salary For Ay 2024-25. 75,000 in latest budget 2024 only. A standard deduction is a flat deduction of ₹ 50,000 to individuals earning a salary or pension income under the head salaries, irrespective of expenses or investments by the.


Standard Deduction From Salary For Ay 2024-25

When will standard deduction under new tax regime apply? In the union budget 2023, the new tax regime’s maximum exemption limit and tax brackets have been revised.

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