standard deduction
Amit Vashist (39 Points)
02 February 2018Amit Vashist (39 Points)
02 February 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 02 February 2018
You can straight way reduce Rs. 40K from your gross salary as standard deduction..........
Net tax effect will be reduction of 8K to 12K for 20% or 30% slab rates. (for no TA or medical allowance receivers)
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