2024 Standard Deduction Married Jointly In India. This simplified new regime introduced in 2020, comes without exemptions and deductions for corporate tax and personal income tax. If you are 65 or older and blind, the extra.
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. It increased the standard deduction for salaried.