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Standard deduction


kewal krishan kapoor (Retired bank officer)     07 February 2019

kewal krishan kapoor
Retired bank officer 
 32 points

| My Other Post

I am a retired bank officer, a senior citizen, and a pensioner.  Is the standard deduction of Rs.40,000 which was introduced last year and now raised to Rs.50,000 applicable to me too.

 

Please guide.

avater

Dhirajlal Rambhia (KVO Merau Kutchh)     07 February 2019

Dhirajlal Rambhia
KVO Merau Kutchh 
 9221 likes  93310 points

View Profile | My Other Post

Yes.

1 Like
avater

Giridhar S Karandikar (Team Lead)     07 February 2019

Giridhar S Karandikar
Team Lead 
 716 likes  6942 points

View Profile | My Other Post

https://www.ndtv.com/business/income-tax-pensioners-are-eligible-for-standard-deduction-up-to-rs-40-000-budget-2018-1833379

1 Like

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