Income Tax Standard Deduction 2024 Pdf. 75,000 for taxpayers opting for the new tax. Standard deduction under section 16 of the income tax act, increase from rs.

 — the income tax changes 2024 significantly impact the taxation landscape, offering taxpayers a choice between the new tax regime and the old regime. Securities transaction tax and income tax treatment of gains from sale of equity shares, etc., at a glance: