All posts tagged "standard deduction"
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254ITRStandard Deduction Limit, HRA, Double Taxation: Income Tax Expectations From Interim Budget 2024
Attention may be directed towards aspects such as making the new tax regime more lucrative, reducing complications, ensuring robust tax collection and...
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302MUST KNOWBudget 2024: From minor tax sops to enhanced exemption limits, here’s what financial experts expect
The government is scheduled to unveil the annual budget for the upcoming fiscal year 2025 after the conclusion of the general elections next year....
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548ITRIncome Tax Standard Deduction: Don’t Forget To Claim This In ITR, Check Details Here
Income Tax: For the financial year 2023-2024, the standard deduction for salaried individuals is Rs 50,000. Income Tax Standard Deduction: The standard...
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608ITRITR Filing: You Can Avail Standard Deduction Of Rs 50,000, Check Details
Taxpayers can avail standard deduction without submitting any documents or investment proof. As announced in the Union Budget 2023, the benefit of...
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506BUSINESSTax savings: What is standard deduction, how is it calculated?
The standard deduction refers to the flat deduction of one’s income from the gross salary which does not attract any tax. The...
