Bonus Depreciation 2024 Equipment In India. This is down from 80% in 2023. Bonus depreciation 2024 limit in india.
As a result, businesses leasing equipment in 2024 will still be able to take advantage of bonus depreciation, albeit at a lower rate than in preceding years. Bonus depreciation is a tax incentive that allows businesses to immediately deduct a significant portion of the purchase price of eligible assets, such as machinery, instead of.