What'S New For 2024 Tax Year

What'S New For 2024 Tax Year. Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union budget. Know all the changes announced in the new tax regime from income tax.


What'S New For 2024 Tax Year

The unified estate and gift tax exclusion amount, $13,610,000 for gifts made and decedents dying. Tax payers falling in the highest tax bracket—those with a taxable.

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