Standard Deduction For 2024 Married Jointly Under 80c. This deduction can be availed by. Check out this comprehensive guide on income tax deductions list.

Section 80c of the income tax act of india is a clause that points to various expenditures and investments that are exempted from income tax. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.