Will Nirmala Sitharaman Double the Standard Deduction in Budget 2024?

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As the presentation of Budget 2024-25 looms, Finance Minister Nirmala Sitharaman faces increasing pressure to address a significant concern for middle-class India: the stagnant standard deduction. Since its introduction in 2018, this fixed deduction of ₹50,000 has remained unchanged, despite the escalating cost of living and persistent inflation. Experts likeContinue Reading