July 23, 2024 9:18 PM
210
Standard Deduction for salaried employees increased to Rs 75,000 under new tax regime
Finance Minister has increased the standard deduction for salaried employees in Income Tax from 50,000 rupees to 75,000 rupees under the new tax regime. Similarly, the deduction on family pension for pensioners is enhanced from 15,000 rupees to 25,000 rupees. This will provide relief to about four c...