Standard Deduction In Income Tax Ay 2024-25. In today's budget 2024, the finance minister nirmala sitharaman has made changes in the income tax slabs and rates for the current financial. The indian income tax act provides for various deductions under sections 80c to 80u, which can be claimed by an individual or a business entity while calculating.
An individual has to choose between new. What will be total fresh tax savings for a taxpayer under new tax regime post revision in standard deduction, slabs?