2024 Tax Standard Deduction. Itโ€™s the simplest way to reduce your taxable income on your tax return. The standard deduction was hiked from rs 50,000 to rs 75,000.


2024 Tax Standard Deduction

The unanimous opinion of personal tax experts is that the standard deduction limit of rs 50,000, which was introduced in the new tax. The standard deduction is a flat dollar amount set by the irs based on your filing status.

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2024 Tax Standard Deduction