New Standard Deduction For 2024

New Standard Deduction For 2024. 75,000 in the new tax regime. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;


New Standard Deduction For 2024

Old regime’s deduction limit remains rs. Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by ₹ 25,000 in the new tax regime while.

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