Indian Budget 2024 For Tax. For fy25, the government has retained ₹ 11.11. For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000.
For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000. Rate of tds on house rent payment of more than rs 50,000 per month cut to 2%.