Income Tax Standard Deduction For Ay 2024-25 202425 Tax Bracket

Income Tax Standard Deduction For Ay 2024-25 202425 Tax Bracket. How much of your income falls within each tax band; Additionally, the threshold for the 5%.

Budget 2024 has made changes in the deductions in the new tax regime. 12,500 under section 87a under the old tax regime.