Social Security Tax Limit 2024 Increase In India. Demographics, policy, and digitalization are converging at a time of significant change. A hike in the standard deduction limit, a hike basic tax exemption limit in the new income tax regime, and simplified capital gain tax regimes are some of the.

According to an et report, the finance minister, nirmala sitharaman, highlighted in her budget 2024 speech that the deduction for employers’ contributions. Highlights include revised tax slabs, increased deductions, and simplified.