Standard Deduction For 2024 And 2024 Income Tax. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. Experts believe the government may increase the standard deduction limit in the new tax regime, currently set at rs 50,000.
Experts have called for a host of tax relief measures, one of which is the possibility of a reduction in standard deduction limit for taxpayers under the new tax. 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.
Standard Deduction For 2024 And 2024 Income Tax Images References :
