Deduction Under New Tax Regime Ay 2024-25 . On top of these exemptions, a standard deduction of 50,000 is available in both old and new regimes. 50,000 standard deduction in the new tax regime?
Under the new tax structure, a standard deduction of rs 50,000 has been implemented for salaried and pensioners only. Calculate exempt portion of hra, by using this hra calculator.
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