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40000 standard deduction
what is the income limit for claiming standard deduction 40000
Replies (9)
The standard deduction in the interim budget has been raised to rs 50000 from rs 40000.
There is no income limit for claiming the standard deduction of rs 40000.
in Fy 18-19, standard deduction to be consider only of Rs 40000
Yes agreed
Yes agreed
No Income Limit to Claim Standard Deduction
if monthly salary is 26000 then what amount is deduct for standard deduction 26000 or 40000?
Standard Deduction of Rs. 40000 Annual Basis Not Monthly Basis.
right
there is no such limit prescribed for claiming deduction
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