Download All-In-One Income Tax Calculator for West Bengal Government Employees for Financial Year 2023-24 and Assessment Year 2024-25 Budget 2023 contains 5 important announcements on personal income tax. In this budget, the new tax regime becomes the standard tax regime. But taxpayers will have the option of choosing the old regime. Know everything. The standard deduction limit has been increased for salaried taxpayers and pensioners, but it will apply to incomes of Rs 15.5 lakh. From this huge income, he earns a profit of Rs.52, 500. For incomes below that, the standard deduction limit remains 50,000. You…