Dear professionals,
I had a little confusion regarding if standard deduction is applicable in new tax regime or not ? kindly reply as your convenience
thank you
Badal Sinha (3 Points)
27 September 2022
Rammohan
(NA)
(255 Points)
Replied 28 September 2022
According to the following website, standard deduction is not available in case of the new tax regime.
https://cleartax.in/s/standard-deduction-salary
prasad Nilugal
( GST Practitioner & Accounts )
(14644 Points)
Replied 28 September 2022
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