2024 Standard Tax Deduction Chart Pdf. The standard deduction made a comeback in the union budget, setting the limit at โน40,000 for both salaried employees and pensioners. Currently the basic exemption limit under the new income tax regime is rs 3 lakh.
Experts suggest raising it to rs 1,00,000. Current limit is rs 50,000, revised in 2019.
The Standard Deduction Can Be Increased To Rs 1 Lakh Per Annum.
The full budget for the financial year 2024 (fy24) is just a few weeks away, with taxpayers across the nation hoping for tax relief.
Experts Believe That The Standard Deduction Limit Of โน50,000 Under Both Old And New Tax Regimes May Be Increased To โน1 Lakh For Salaried.
The standard deduction made a comeback in the union budget, setting the limit at โน40,000 for both salaried employees and pensioners.
2024 Standard Tax Deduction Chart Pdf Images References :
As Finance Minister Nirmala Sitharaman Prepares To Present The Full Budget For The Ongoing Financial.
Current limit is rs 50,000, revised in 2019.
In The 2023 Budget, The Finance Minister Introduced A Standard Deduction Of Rs 50,000 For Salaried Taxpayers And Pensioners Under The New Regime, Which Became.
Experts believe that the standard deduction limit of โน50,000 under both old and new tax regimes may be increased to โน1 lakh for salaried.