Standard Deduction For 2024 Indian Seniors. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. First, the standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000.


Standard Deduction For 2024 Indian Seniors

According to the income tax slab for senior citizens for ay 2023 24, the following benefits will be forgone for following the new tax regime: The standard deduction limit for family pensioners has been increased to rs 25,000 from rs 15,000.

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