Income Tax Standard Deduction For Ay 2024-25 202425 Income

Income Tax Standard Deduction For Ay 2024-25 202425 Income. In the new income tax regime, the rebate eligibility threshold is set at rs 7,00,000, allowing taxpayers to claim a rebate of up to rs 25,000. To calculate your gross taxable income, you need to compute your net.

In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y. Standard deduction applies to income from.