2024 Standard Deduction For Married Couples In India

2024 Standard Deduction For Married Couples In India. From hiking the standard deduction limit to tweaking the income tax slabs, the taxpayers want budget 2024 to introduce measures that will ease their financial burden. The deduction, however, will remain.

Experts argue that increasing the standard deduction limit from rs 50,000 to rs 1 lakh would effectively alleviate the tax burden on salaried taxpayers. Make new tax regime the default tax regime for the assessee being an.