New Tax Rebate 2024. The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs. The anchor payments, which are for the 2021 tax year, will pay up to $1,500 to homeowners and $450 for renters, with senior homeowners and renters getting an.
The budget 2024 has made significant changes to the tax slabs in the new regime, offering taxpayers an additional chance to reduce their tax liability by up to rs. The rebate is now applicable to individuals and hufs with taxable income exceeding rs.