Income Tax Standard Deduction For Ay 2024-25 25th. The content on this page is only to give an overview and general guidance and is not exhaustive. โ recently, in budget 2024, the government has revised the slab rates for taxpayers under new tax regime and increased the standard deduction benefit to.
Click to view services related to pan, tan and more. โ standard deductionthe standard deduction reduces a taxpayerโs taxable income by a set amount determined by the government.