Income Tax Standard Deduction For Ay 2024-24. The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000. A quick review (limited information) of the applicable provisions under the income tax act, 1961 for the f.
Check out the latest income tax slab for salaried, individuals and senior citizens by the it department. Click to view services related to pan, tan and more.