2024 Standard Tax Deduction For Seniors 2024 . — standard deduction in the new tax regime will be increased from ₹ 50,000 to ₹ 75,000, finance minister nirmala sitharaman said tuesday as she announced the. — the irs on thursday announced higher federal income tax brackets and standard deductions for 2024.
— attach schedule 8812 (form 1040) to form 1040, u.s. — the new standard deduction of rs 75,000 will be applicable under the new tax regime, while family pensioners will benefit from a higher deduction of rs 25,000.
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