Income Tax Standard Deduction For Ay 2024-25 2024 . — standard deduction from salary income and family pension is extended to the employees who opt for new tax regime. How much of your income is above your personal allowance;
— b) standard deduction of rs 50,000 is allowed on incomes from salary and pension. — recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction benefit to.
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