Home / News / India News / Article /
Union Budget 2024: Nirmala Sitharaman hikes std tax deduction to Rs 75,000
Updated On: 23 July, 2024 01:08 PM IST | Delhi | mid-day online correspondent
Sitharaman, in the Union Budget 2024 presentation, announced that the standard deduction for salaried employees will be increased from Rs 50,000 to Rs 75,000.
Listen to this article :
Nirmala Sitharaman/ PTI
Finance Minister Nirmala Sitharaman, during her Union Budget 2024, announced significant changes to personal income tax rates and deductions. She said it will offer relief to millions of salaried employees and pensioners.
She, in the Union Budget 2024 presentation, announced that the standard deduction for salaried employees will be increased from Rs 50,000 to Rs 75,000. She further stated that for pensioners, the deduction of family pension will rise from Rs 15,000 to Rs 25,000.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT