2024 Standard Deduction For Married Couples In India . The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. In a bid to give a boost to salaried taxpayers, finance minister nirmala sitharaman on tuesday increased the standard deduction limit from 50,000 to 75,000.
Possible increase in income tax thresholds and section 80c limit. Deductions and exemptions under the new tax regime slabs.
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