Standard Deduction Ay 2024-25. In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y. For this year, the financial year will be.
In budget 2023, rebate under new regime has been increased to rs. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).
For This Year, The Financial Year Will Be.
The deduction is allowed for a maximum interest income of up to โน 50,000 earned by the senior citizen.
Both The Interest Earned On Saving Deposits And Fixed Deposits Are.
Eligible persons without any business income will have the.
In Budget 2023, Rebate Under New Regime Has Been Increased To Rs.
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Learn About The Options Available To Taxpayers And Make Informed Decisions To Optimize Tax Efficiency.
In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y.
The Standard Deduction Is A Flat Deduction Of Rs.
A standard deduction is introduced of โน50,000 for salaried individuals and a deduction for family pension up to โน15,000 under the new.
When Will Standard Deduction Under New Tax Regime Apply?