Standard Deduction 2024 Mfj India

Standard Deduction 2024 Mfj India. In sops for the middle class, finance minister nirmala sitharaman on tuesday hiked standard deduction by 50 per cent to rs 75,000 and tweaked tax slabs. Standard deduction limit in budget 2024:


Standard Deduction 2024 Mfj India

Nirmala sitharaman’s budget 2024 raises standard deduction to rs 75,000 for salaried individuals and pensioners, and rs 25,000 for family pensioners. The standard deduction limit was last hiked in interim budget 2019.

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