Income Tax Standard Deduction 2024 Pdf Download. The income tax changes 2024 significantly impact the taxation landscape, offering taxpayers a choice between the new tax regime and the old regime. Taxed at 20%, with a standard deduction of ₹12,500.

Key highlights of the announcement on the direct tax code (dtc) historic occasion: Taxed at 20%, with a standard deduction of ₹12,500.