Hit enter to search or ESC to close
Highlights: For standard deduction, a taxpayer can claim up to Rs 50,000. Under the new tax regime, the basic exemption limit has been increased to Rs 3 lakh. There is no exemption for investing...
Highlights: Taxpayers can take advantage of standard deduction. The highest surcharge rate has been reduced from 37% to 25%. The tax exemption limit on leave encashment has been increased. New Delhi. The government has...
Highlights: Standard deduction was again implemented in the year 2018 budget. This deduction is already being given to the salaried and pensioners. It has also been implemented for family pensioners in Budget 2023. New...
Highlights: Now no tax will have to be paid on earning up to Rs 7 lakh. Under the new system, you can also take advantage of standard tax deduction. People will also get the...
Budget 2023: In the last full budget of the second term of the Narendra Modi government, the Finance Ministry is considering proposals to benefit the middle class. Finance Minister Nirmala Sitharaman will present the...
Photo: CANVA Did you know these important things related to standard deduction? learn here Standard deduction: Now only a few days are left for the budget to come, let us tell you that on...