Income Tax Standard Deduction 2024 Pdf Download. Tax rates (old & new regime): Standard deduction and family pension deduction.

(1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111a, 112, 112a and 115ad (1) (b). Standard deduction under section 16 of the income tax act, increase from rs.