Income Tax Standard Deduction For Ay 2024-25

Income Tax Standard Deduction For Ay 2024-25. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz. The budget 2024 has revised the tax slabs in the new regime, providing taxpayers with an extra opportunity to save rs.

Union budget 2024 tax changes: Deduction is limited to whole of the amount paid or deposited subject to a.