Social Security Tax Limit 2024 Increase In India

Social Security Tax Limit 2024 Increase In India. Budget 2024 had a small relief for the salaried middle class as standard deduction. Increase in standard deduction for opting new tax regime.


Social Security Tax Limit 2024 Increase In India

The increase in the standard deduction from rs 50,000 to rs 75,000 and the revision of the tax slab limit for the 5% tax rate from rs 5 lakh to rs 7 lakh will. Change in tax slabs and hike in standard deduction under new tax regime.

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