2024

Standard Deduction For Ay 2024-25 New Regime

Standard Deduction For Ay 2024-25 New Regime. Of india introduced a new optional tax rate regime (u/s 115bac) starting from. Fm nirmala sitharaman has made two announcements for those opting for the new tax regime.


Standard Deduction For Ay 2024-25 New Regime

A standard deduction of 50,000 is available in both old and new regimes. This means, that the surcharge change is applicable to only those having an income of more than rs.

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