Standard Tax Deduction 2024 India . Capital gains tax regime changed — finance minister nirmala sitharaman revamped income tax slabs under the new regime in union budget 2024 in a bid to make it more attractive.
— increased tax slabs, increase in standard deduction, and increased deductions from pensions will bring relief expected to over 4 cr salaried individuals and pensioners. — standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union.
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