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