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2024 Standard Deductions And Tax Brackets
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2024 Standard Deductions And Tax Brackets. If you receive an audit letter from the irs or state department of revenue based on your 2024 turbotax individual tax return, we. Taxpayers must choose the one that nets greater tax savings.
For salaried employees opting for new tax regimes, the standard deduction has been increased from ₹50,000 to ₹75,000. Here are the individual tax brackets for the 2024 tax year:
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