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Section 10 deduction

Others 287 views 5 replies
Section 10 deduction in new tax regime
Replies (5)
Section 10 is exemption .
Section 10 some exemptions are available like gratuity, leave encashmemt, voluntary retirement..

NO deduction in new tax regime for Section 10

now only 50000 standard deduction  if you are salaried

read 
https://economictimes.indiatimes.com/wealth/tax/new-tax-regime-2023-list-of-tax-deductions-exemptions-not-available/articleshow/97552935.cms

Https://www.policybazaar.com/income-tax/some-of-the-important-deductions-available-in-the-new-tax-regime/
Sec 10 is for exemption


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