Standard Deduction 2024 2024

Standard Deduction 2024 2024. Key changes include raising the standard deduction for salaried employees from ₹50,000 to ₹75,000 and increasing family pension deductions. Standard deduction in the new tax regime will be increased from ₹ 50,000 to ₹ 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union.


Standard Deduction 2024 2024

How much is the standard deduction for 2024? For example, a single taxpayer earning us$40,000 a year and who had no children in the 2024 tax year would qualify for a standard deduction of $14,600.

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