What Is The Current Standard Deduction 2024. Key changes include raising the standard deduction for salaried employees from ₹50,000 to ₹75,000 and increasing family pension deductions. Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by ₹ 25,000 in.
Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by ₹ 25,000 in. 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.
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