2024 Mileage Deduction Rate . 64¢ per kilometre after that. Standard deduction limit in new tax regime raised to rs 75,000 union budget 2024:
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
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2024 Mileage Deduction Rate Maia Sophia , If your income is ₹ 20 lakh, you will have to pay ₹ 3 lakh in taxes, and thus will be left with ₹ 17 lakh.
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Mileage Deduction Rate 2024 Carri Cristin , Mileage rates for travel are now set for 2024.