Current Standard Deduction 2024. Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by ₹ 25,000 in. Perhaps a better analysis is shown in the map “average amount of salt disallowed per taxpayer claiming salt deduction, 2018,” which highlights states in.
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). Budget 2024 has hiked the standard deduction limit from rs 50,000 to rs 75,000 under the new income.
Current Standard Deduction 2024 Images References :