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2024 Standard Tax Deduction Amount In India

2024 Standard Tax Deduction Amount In India. The finance act sections 1 to 99 (page 1 to 54) amends income tax act, section 158 (page.  — standard deduction of rs 40,000 per year for salaried individuals was reintroduced in budget 2018, replacing two earlier deductions—travel allowance (rs.


2024 Standard Tax Deduction Amount In India

 — budget 2024 income tax expectations: Finance minister nirmala sitharaman said that new tax regime slabs will be changed and standard tax deduction increased from 50,000 to 75,000.

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