2024 Standard Tax Deduction Amount In India . Finance minister nirmala sitharaman announced changes to the new income tax regime during the union budget 2024 presentation, providing some relief to. Union finance minister nirmala sitharaman on tuesday (july 23) under new tax regime, hiked the standard deduction to ₹ 75,000 from the current ₹ 50,000.
The new limit is rs.75,000. Use online income tax calculator available at groww to.
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