Standard Tax Deduction 2024 Married Filing Jointly In India. Standard deductions reduce a taxpayer’s taxable income. The standard deduction in 2024 is $14,600 for individuals, $29,200 for joint filers, and $21,900 for heads of households.
The 2024 union budget introduced some modifications regarding the aadhaar card, stt, tds rate, and the direct tax vivad se. Budget 2024 income tax expectations:
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