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Income tax: Know how salaried employees can calculate standard deductions, who's eligible for Rs 50,000 claim - Vimarsana News

Income tax: Know how salaried employees can calculate standard deductions, who's eligible for Rs 50,000 claim

Budget 2023 widens tax benefits with standard deductions, know if you're eligible for claim or not.

How salaried employees can calculate standard deductions for FY 2023? - Vimarsana News

How salaried employees can calculate standard deductions for FY 2023?

By adding a standard deduction of ₹50,000 and a deduction from family pensions up to ₹15,000 under the new tax regime, which was previously exclusively available to salaried persons under the old tax regime, the Finance Minister has given relief to individual taxpayers.