Standard Deduction For 2024 Indian Citizen. Exemption limit for family pension increased from rs. The budget introduces personal income tax relief for four crore salaried and pensioners under the new tax regime, with the standard deduction increased to โน75,000.
The budget introduces personal income tax relief for four crore salaried and pensioners under the new tax regime, with the standard deduction increased to โน75,000. A) basic exemption limit of rs 3 lakh is applicable to all taxpayers irrespective of age.
