2024 Standard Deduction For Married Couples In India

2024 Standard Deduction For Married Couples In India. Consultancy firm kpmg anticipates changes in the upcoming union budget, including doubling standard deduction to rs 1 lakh, increasing tax breaks on housing. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.

Income tax slab rates for. Married couples in india can save on taxes by planning their finances wisely.