Did Tax Brackets Change For 2024 Vakantie. Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union. Essential guide for individuals to navigate.

Forbes advisor india has listed the applicable rates. The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs 17,500 in taxes.