Standard Deduction In Income Tax Ay 2024-24

Standard Deduction In Income Tax Ay 2024-24. Let us read more and understand about standard. Understanding the income tax slab rates and available deductions can significantly affect tax planning and overall financial health.

A standard deduction of 50,000 was introduced, and the rebate under section 87a increased for taxable income equal to or less than 7 lakhs. Changes to taxation of capital gains, stt, income tax slabs, new tax regime, standard deduction, tcs rates.