Standard Deduction For 2024 Tax Return. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an.
The standard deduction for salaried employees is proposed to be increased from rs 50,000 to rs 75,000, said fm sitharaman Discover the standard deduction for salaried individuals under both the new and old tax regimes.
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