2024 Standard Tax Deduction Married Jointly In India. The standard deduction under the new income tax regime has been hiked from rs 50,000 to rs 75,000. Additionally, for pensioners, a deduction.

For salaried employees opting for new tax regimes, the standard deduction has been increased from ₹50,000 to ₹75,000. Standard deduction and deduction from family pension finance minister has announced a hike in the standard deduction amount in new tax regime hiked to rs.