2024 Tax Rates And Standard Deduction . Union finance minister nirmala sitharaman announced several income tax changes in the union budget 2024, which took effect from october 1, 2024. Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’.
Make new tax regime the default tax regime for the. Budget 2024 has hiked the standard deduction limit from rs 50,000 to rs 75,000 under the new income tax regime.
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