Standard Deduction on Salary For AY 2022-23
It means a flat deduction to individuals earning a salary or pension income. It was introduced back in Budget 2018 in lieu of transport allowance and reimbursement of miscellaneous medical expenses.
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Standard Deduction
It means a flat deduction to individuals earning a salary or pension income. It was introduced back in Budget 2018 in lieu of transport allowance and reimbursement of miscellaneous medical expenses.
It means a flat deduction to individuals earning a salary or pension income. It was introduced back in Budget 2018 in lieu of transport allowance and reimbursement of miscellaneous medical expenses.
Under union budget 2020, The Finance Minister introduced the “New Income Tax Slab” which is also called the “New Tax Regime”. As per the new tax regime, there is an option for individuals and HUF to pay tax at lower …
The Standard Deduction is the portion of your income not subject to tax that can be used to reduce your tax bill. It is such a deduction offered to salaried individuals and pensioners. They can claim a certain amount of …
It was introduced back in Budget 2018 in lieu of transport allowance and reimbursement of miscellaneous medical expenses