Income Tax Standard Deduction For Ay 2024-25 2024. Once the specified bank, as mentioned above, deducts tax for senior citizens above 75 years of age, there will be no requirement to furnish income tax returns by senior. โ b) standard deduction of rs 50,000 is allowed on incomes from salary and pension.
Click to view services related to pan, tan and more. โ deductions allowed under new tax regime standard deduction and family pension deduction.
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