2024 Standard Deduction Amount In Tally Prime. For 2024, the additional standard deduction amount for the aged or the blind is $1,550. Also, standard deduction limit for.

Finance minister has announced a hike in the standard deduction amount in new tax regime hiked to rs 75000 in budget 2024. In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y.