2024 Tax Rates And Standard Deduction Under

Under the new tax regime, a taxpayer with an. Many tax cuts approved by former president donald j.

The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000, said fm sitharaman. Income tax slabs revised, standard deduction raised from rs 50,000 to rs 75,000 under the new tax regime in budget 2024.