What Is Standard Tax Deduction For 2024. Standard deduction limit for family pensioners hiked to rs 25,000 from rs. The budget 2024 brought about several changes to the capital gains structure, tax deducted at source (tds), and other related aspects.
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. $14,600 for married couples filing.