2024 Standard Deduction For Married Couples In India

2024 Standard Deduction For Married Couples In India. Standard t&c apply ^the tax benefits under section 80c allow a deduction of up to ₹1.5 lakhs from the taxable income per year and. Also, standard deduction limit for.

Experts argue that increasing the standard deduction limit from rs 50,000 to rs 1 lakh would effectively alleviate the tax burden on salaried.  — the standard deduction under the new income tax regime has been hiked from rs 50,000 to rs 75,000.