2024 Standard Deduction For Married Couples In India. The budget 2024 announced a rs.25,000 hike in the standard deduction under the new regime. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
Standard deduction increased to rs 75,000 under new income tax regime; $14,600 for married couples filing.