2024 Standard Tax Deduction. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an.
Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the. Discover the ministry of finance’s latest tax changes: