Standard Deduction For 2024 Tax Year 2024. Standard deduction limit hiked in the new tax regime to make the new tax regime more attractive, budget 2024 raised the basic exemption limit to rs 75,000. B) standard deduction of rs 50,000 is allowed on incomes from salary and pension.
How much is the standard deduction for 2024? Momsrising sidewalk art asks lawmakers to fund child care and food/nutrition for women, infants, children and expand the “child tax credit” near capitol hill on february 08,.