Question

    In the Union Budget 2024, what is the revised standard deduction limit for taxpayers opting for the new tax regime?

    A ₹25,000 Correct Answer Incorrect Answer
    B ₹50,000 Correct Answer Incorrect Answer
    C ₹75,000 Correct Answer Incorrect Answer
    D ₹1,00,000 Correct Answer Incorrect Answer
    E ₹1,25,000 Correct Answer Incorrect Answer

    Solution

    The standard deduction limit for taxpayers under the new tax regime was increased from ₹50,000 to ₹75,000 in the Union Budget 2024.

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