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Section 10 deduction
Section 10 deduction in new tax regime
Replies (5)
Quick Summary
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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