Budget 2024: Big Boost To Taxpayers, Standard Deduction Increased From Rs 50,000 To Rs 75,000

Tuesday, 23 July 2024
In a massive boost for lakhs of taxpayers, FM Nirmala Sitharaman on Tuesday said that for those opting for new tax regime, FM has announced to increase the standard deduction from Rs 50,000 to Rs 75,000.

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Budget 2024 income tax expectations: Top 5 things FM Sitharaman should do for taxpayers - from tax slab changes to hiking standard deduction

Budget 2024 income tax expectations: It is anticipated that the government may raise the income tax exemption limit to Rs 5 lakh from the current Rs 3 lakh limit...
IndiaTimes on July 16, 2024 Also reported by •DNA

Budget 2024: Big Boost To Taxpayers, Standard Deduction Increased From Rs 50,000 To Rs 75,000

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Budget 2024 income tax expectations: Top 5 things FM Sitharaman should do for taxpayers - from tax slab changes to hiking standard deduction