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Standard deduction

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(Querist)
21 June 2019 Dear Sir,

What is the standard deduction of Rs. 40,000/- ?

who can avail this benifit?

I am employed in a pvt. company and my gross salary is 27,000 per month can I avail this benifit ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 June 2019 Yes you can avail this benefit.
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Pawan Kumar

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Pawan Kumar (Querist)
21 June 2019 Kindly clear it who can avail this benifit - Pvt. Employee / Govt. emoployee / both pvt. & Govt.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 June 2019 Both private and government.
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