Income Tax Standard Deduction For Ay 2024-24. Understanding the income tax slab rates and available deductions can significantly affect tax planning and overall financial health. The revised basic exemption limit will be inr 3,00,000 and for every additional inr.

Understanding the income tax slab rates and available deductions can significantly affect tax planning and overall financial health. Income tax calculator is a useful tool to determine tax liability with respect to income tax slabs and deductions available.