Income Tax Standard Deduction For Ay 2024-25

Income Tax Standard Deduction For Ay 2024-25. This is due to tax rebate under section of 87a of the income tax act. Under the new tax regime, the highest surcharge rate of 37% on income above inr 5,00,00,000 has been reduced to 25%.

The withholding tax rate on. Use online income tax calculator available at groww to.