Standard Deduction For 2024 India Income Tax.  — 22 august 2024 the finance minister of india presented the finance (no.  — in union budget 2024, finance minister nirmala sitharaman proposed new changes to the new tax regime.

Also, standard deduction limit for.  — 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.