What is the latest standard deduction limit post Budget 2024; check hike under new tax regime | India Business News – Times of India
Finance Minister Nirmala Sitharaman’s Budget 2024 has introduced a significant increase in the standard deduction limit, providing greater tax relief for salaried individuals and pensioners. Here’s a detailed look at the changes and their implications. Union Budget 2024: New standard deduction limits In a move aimed at boosting tax savings, the Finance Minister announced that…