Standard Deduction For Fy 2024-25
Standard Deduction For Fy 2024-25. On top of these exemptions, a standard deduction of 50,000 is available in both old and new regimes. Deduction under section 80jjaa for new employees.
Under the new tax regime, the personal income tax standard deduction will be increased from rs 50,000 to rs 75,000, and the deduction for family pensions will be raised from. The changes in income tax.