What Is Standard Tax Deduction For 2024 Income. It will also calculate rebate if it is applicable to you. You just have to input your income and deduction details in the income tax calculator and it will calculate your tax liability along with surcharge and cess.
A hike in the standard deduction limit, a hike basic tax exemption limit in the new income tax regime, and simplified capital gain tax regimes are some of the. Income tax slabs relaxed from incomes up to rs 10 lakh.
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